JPMorgan has launched two tokenized money market funds, My OnChain Net Yield Fund (MONY) and JPMorgan OnChain Liquidity–Token Money Market Fund (JLTXX), on the Solana blockchain. These funds are accessible to qualified U.S. investors through JPMorgan's Morgan Money platform, enabling streamlined management of tokenized investments. This move expands JPMorgan's blockchain-based financial products beyond Ethereum, reflecting growing institutional adoption of tokenized assets on Solana. The funds offer efficient asset transfer and record-keeping, catering to different investor needs including stablecoin reserve management under the GENIUS Act.
JPMorgan's launch of tokenized money market funds on Solana provides context for digital asset markets. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 23, 2026 04:03 WIB: out of 50 priced major cryptocurrencies, 4 rose and 45 fell. Notable movers include GRT at Rp423 with a 1-day change of -7.29% and Pluang order activity of 4% Sell / 96% Buy, ALGO at Rp1.919 with a 1-day change of -7.16% and 20% Sell / 80% Buy, and AAVE at Rp2.634.085 with a 1-day change of -7.15% and 51% Sell / 49% Buy.
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