# JPMorgan has filed to launch a new tokenized money market fund on Ethereum.

*fintech · news · 2026-05-13 · Crypto Breaking News*

## Key points

- JPMorgan's OnChain Liquidity-Token Money Market Fund will initially operate only on Ethereum.
- The fund enables stablecoin issuers to keep reserves in a regulated vehicle while earning interest.
- JPMorgan's Kinexys Digital Assets unit will manage the fund, which complies with the GENIUS Act.
- A $1 million minimum investment is required, with an annual fee set at 0.16% after waivers.
- The fund will directly compete with Franklin Templeton's BENJI, which is available on several blockchains.

**Companies:** JPMorgan, Morgan Stanley, Franklin Templeton, Ondo Finance
**Countries:** United States, Singapore

[Read the full story on Crypto Breaking News](https://www.cryptobreaking.com/jpmorgan-to-launch-tokenized-money/)

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