JPMorgan brings $MONY and $JLTXX to Solana
On October 22, 2026, J.P. Morgan Asset Management made its $MONY and $JLTXX tokenized money market funds available on Solana to qualified U.S. investors.
Clients subscribe and redeem through Morgan Money and receive token balances at their blockchain addresses. The expansion brings existing funds to another public network. My OnChain Net Yield Fund, or $MONY, is a private placement fund. JPMorgan OnChain Liquidity-Token Money Market Fund, or $JLTXX, is a registered government money market fund with an investment mandate designed to support stablecoin issuers under the GENIUS Act.
Cross-network access
The announcement identifies the Solana token addresses as EToDtBM2knZ8N1BHyUq2Riq5ngWTcoD3k6qpsgf7CKYY for $MONY and J4cTuCH6frt4AnEmKfMS2k8hsUf7K94PV62sjUJno8Cz for $JLTXX. The issuer published both identifiers. Defiprime attempted to read them through its chain-reading tool, which returned an unsupported-chain error for Solana.
Investment structures
The funds share a distribution platform and now support the same new chain, but retain their different legal structures. $JLTXX represents one share in the underlying fund, seeking current income while maintaining liquidity and stability of principal, with a target share value of $1.00. Token ownership sits alongside an off-chain shareholder register.
The portfolio mandate limits investments to U.S. Treasury securities and repurchase agreements fully collateralized by U.S. Treasury securities, with remaining maturities of 93 days or less. The fund expects to maintain a dollar-weighted average maturity of 60 days or less and a dollar-weighted average life of 120 days or less.
Access requirements
Access remains restricted to qualified U.S. investors. $MONY is intended for investors eligible for private placement funds, generally including qualified purchasers and accredited investors under relevant U.S. securities laws. Investors must complete onboarding, even with the token addresses public.
Investors can pay by dollar wire or in $USDC through ZeroHash. The existing $JLTXX FAQ lists fees of 16 basis points and an initial investment minimum of $1 Mn. These are the terms published in the existing product document; the release does not quote Solana-specific pricing.
Risk considerations
The Solana announcement warns that investors can lose money in either fund. Both seek to preserve a $1.00 share value, but neither guarantees it. Fund investments are not bank accounts and carry no Federal Deposit Insurance Corporation or other government-agency guarantee.
Blockchain use adds operational risks to those of the portfolio, including transaction delays and errors, security breaches, regulatory changes, fluctuating fees and network splits that produce alternative blockchains. The release also tells investors to safeguard their private keys.
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