TL;DR: J.P. Morgan Asset Management says qualified U.S. investors can now access MONY and JLTXX tokenized money market funds on Solana through its Morgan Money platform.

J.P. Morgan Asset Management is bringing two of its tokenized money market funds to Solana, extending a traditional cash-management business across another public blockchain.

In an announcement Thursday, the investment manager said qualified U.S. investors can now access My OnChain Net Yield Fund, known as MONY, and the JPMorgan OnChain Liquidity–Token Money Market Fund, JLTXX, on Solana through its Morgan Money platform. Investors can subscribe and redeem through that institutional interface and receive balances represented at blockchain addresses.

Different funds, different investor rules

The two products are not identical forms of digital cash. MONY is a private placement offered under Rule 506(c), with eligibility restrictions for qualifying investors. JLTXX is a U.S.-registered government money market fund structured to serve cash management needs, including those of stablecoin issuers.

Both represent fund interests rather than ordinary deposit balances. J.P. Morgan's disclosures make clear that the funds are not bank accounts or FDIC-insured deposits, and that even products seeking a stable $1 share value can lose money.

That difference is easy to overlook when a token moves through a wallet interface. The blockchain record can make ownership and transfers more programmable; it does not change the underlying fund's investment objectives, regulatory status or redemption restrictions.

Why Solana now?

Institutions experimenting with tokenized assets increasingly operate across more than one chain. A fund that can be subscribed into on multiple networks may be more useful as a liquidity-management instrument, particularly when portfolio and treasury teams hold digital balances in different environments.

J.P. Morgan says adding Solana is intended to let clients access the same fund strategies across the networks where they operate. It is a distribution and settlement expansion, not the creation of two wholly new investment strategies.

The bank's Morgan Money platform remains central to the customer experience. That is significant because professional investors need controls that go beyond seeing a token balance, including eligibility screening, reporting, fund documents and predictable subscriptions and redemptions.

The company published Solana token addresses for both products, but copying a token identifier from social media is not a substitute for using the manager's verified onboarding channel. Token impersonation and lookalike assets remain a risk in on-chain markets.

For Solana, the listing adds another institutional financial product beyond speculative trading. For J.P. Morgan, it tests whether a familiar regulated fund structure can retain its governance while using a wider set of blockchain rails. Actual institutional adoption and transaction volumes, not the announcement alone, will show the importance of that change.

Source: www.prnewswire.com original announcement or data.

Related Reading: tokenized assets; crypto custody; stablecoins.

Written by the News Desk and edited by Samuel Rae.

Bitcoin Magazine

Bitcoin Could Outperform Most Assets, JPMorgan Says — But the Bank Still Won’t Recommend It

JPMorganChase’s asset management division has said that while bitcoin is still too volatile to be recommended for strategic investors’ portfolios, the cryptocurrency could outperform most asset classes over the next 10 years.

In its 2027 “Long-Term Capital Market Assumptions” report, the bank said that while volatility in the biggest cryptocurrency’s price has dampened, it is “premature to consider BTC as a diversifier in a balanced portfolio.” 

JPMorgan, one of the world’s biggest banks, has utilized Bitcoin’s underlying tech — the blockchain — to debut its own products. But the multinational’s CEO, Jamie Dimon, has long been a Bitcoin skeptic.

JUST IN: The largest bank in the U.S. JPMorgan is forecasting Bitcoin to outperform every major asset over the next decade.

You are not bullish enough pic.twitter.com/m2dEiP47Vo

— Bitcoin Magazine (@BitcoinMagazine) October 20, 2026

“BTC currently lacks a clear role as a diversifier in balanced portfolios due to unstable correlations to other asset classes,” the report read. 

It added: “We see bitcoin as a speculative asset and a hedge against monetary easing.”

The report went on to show a graph with a base case for bitcoin returns beating stocks, bonds and gold. But it did add that the coin’s volatility could harm its role in portfolios. 

“But should volatility continue to decline and correlations to other asset stabilize, this may evolve in the future, particularly as regulation becomes clearer and liquidity and price discovery continue to improve,” it noted. 

For now, the report added, bitcoin “mostly trades like a high beta risk asset that tracks global money supply growth.” 

Bitcoin has become more popular on Wall Street, especially since the Securities and Exchange Commission green lighted exchange-traded funds to trade in 2024. 

President Donald Trump’s pro-crypto stance has also helped: regulators under the U.S. leader have taken a far more open approach to watchdogging the space since 2025. 

JPMorganChase boss Jamie Dimon has famously blasted Bitcoin, calling it a “hyper up fraud” and “pet rock” — adding that its only value is to criminals.

Still, he has praised the coin’s underlying technology, and lauded crypto products like stablecoins. 

This post Bitcoin Could Outperform Most Assets, JPMorgan Says — But the Bank Still Won’t Recommend It first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

JPMorgan is taking its bank-issued deposit token onto public Ethereum, an expansion that puts an established Wall Street payments product on infrastructure traditionally associated with crypto-native finance.

TL;DR: JPMorgan is expanding access to JPM Coin on Ethereum for institutional users. The token represents bank deposits rather than an independently issued stablecoin, and participation remains restricted.

The significance is in who is allowed to move the money, and where. JPM Coin gives eligible customers a tokenized claim on dollars deposited with JPMorgan. Its move onto Ethereum creates a way for institutions to send funds and settle transactions around the clock while still operating inside the bank’s permissioning framework.

That distinction separates deposit tokens from the conventional stablecoin model. A holder of a dollar stablecoin generally has a claim governed by the issuer’s redemption arrangements and reserve assets. JPM Coin is bank money represented in token form. It is not being offered as a freely transferable dollar for ordinary Ethereum users.

JPMorgan previously introduced the deposit token on Base, and Ethereum provides another venue where financial institutions and tokenization platforms can coordinate payments. Potential uses include moving collateral and settling transactions against tokenized assets, where a conventional banking cut-off can create delay between the asset leg and the cash leg.

A public blockchain does not automatically make the system open to everyone. The bank continues to control institutional access and compliance. The development is better understood as traditional finance adopting a public settlement network without abandoning its existing customer controls.

For Ethereum, that may be the bigger story: a major bank choosing its infrastructure for business that depends on predictable dollar settlement, rather than simply issuing another experiment.

Written by the News Desk and edited by Samuel Rae.