# JPMorgan (JPM) is preparing to launch a tokenized money market fund.

*fintech · news · 2026-05-12 · CoinDesk*

## Key points

- JPMorgan will launch a tokenized money market fund called JPMorgan OnChain Liquidity-Token Money Market Fund (JLTXX).
- JLTXX will utilize Ethereum and is operated by JPMorgan's blockchain unit, Kinexys Digital Assets.
- The fund is designed to meet U.S. reserve asset rules under the GENIUS Act for stablecoin issuers.
- Tokenized money market funds may provide compliant Treasury exposure for stablecoin issuers seeking yield.

**Companies:** JPMorgan, BlackRock
**Countries:** United States

[Read the full story on CoinDesk](https://www.coindesk.com/business/2026/05/12/jpmorgan-files-to-launch-new-tokenized-fund-as-wall-street-tokenization-race-heats-up)

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