JPMorgan files for second tokenized money market fund on Ethereum

JPMorgan Asset Management has filed with the Securities and Exchange Commission for a tokenized money market fund tied to Ethereum, according to the SEC exhibits and multiple reports published Tuesday.

The fund is identified as the JPMorgan OnChain Liquidity-Token Money Market Fund, with the ticker JLTXX. SEC documents for JPMorgan Trust IV show a Token class for the new series.

Coverage from Yahoo Finance, Decrypt and others says the fund would invest in U.S. Treasury securities and overnight repurchase agreements collateralized by Treasuries or cash. Cointelegraph reported that the vehicle is also intended to serve stablecoin reserve use.

The filing marks a further step in JPMorgan’s push into tokenized financial products. It also comes as banks and asset managers continue testing how blockchain rails could support Treasury-like cash management products.

The available reporting does not yet give a launch date or confirm how broadly the fund will be distributed at launch.

What happens next

The next material milestone will be any SEC effectiveness update, launch notice or additional fund details from JPMorgan. For now, the filing itself is the first public confirmation of the new tokenized fund structure.