#United States #New York #J.P. Morgan #Tokenization #Money Market Fund

J.P. Morgan Asset Management's Groundbreaking Launch

In a landmark move for the financial industry, J.P. Morgan Asset Management has officially launched its first tokenized money market fund named the My OnChain Net Yield Fund (MONY). The fund is now accessible via the Ethereum blockchain. This rollout is powered by the firm's advanced multi-chain asset tokenization solution, Kinexys Digital Assets, allowing qualified investors an innovative opportunity to earn returns.

The MONY fund stands out as a 506(c) private placement that offers investors the chance to earn returns denominated in U.S. dollars through subscriptions via Morgan Money, J.P. Morgan’s open architecture trading and analytics platform. This platform integrates traditional assets with on-chain investments, giving clients a comprehensive range of money market products.

J.P. Morgan, recognized as the largest globally systemically important bank (GSIB), is at the forefront by launching this tokenized money market fund. Qualified investors can gain access to MONY exclusively through the Morgan Money platform, which distributes tokens directly to their blockchain addresses. MONY is designed to solely invest in traditional U.S. Treasury securities, as well as repurchase agreements that are entirely collateralized by U.S. Treasury securities. This structure allows investors to derive yields while securely holding the token on the blockchain.

One of the key features of MONY is its capability for daily dividend reinvestment; investors can easily subscribe and redeem with either cash or stablecoins via the Morgan Money platform. The inclusion of tokenization promotes greater transparency in transactions, enhances peer-to-peer transferability, and extends the potential for broader collateral utilization within the blockchain ecosystem.

George Gatch, CEO of J.P. Morgan Asset Management, emphasized that innovation and active management are crucial for addressing the evolving challenges that investors face. He stated, “By harnessing technology alongside our deep expertise in active management, we're able to provide clients with advanced, innovative, and cost-effective capabilities that help them achieve their investment goals.”

Historically, money market funds have played a vital role in investor portfolios, ensuring liquidity, stability, and yields. The introduction of MONY aligns with a growing trend in the financial industry aimed at the tokenization of assets on public blockchains. As demand for such assets escalates, tokenized money market funds like MONY can cater to these evolving investor needs, while simultaneously introducing features facilitated by blockchain technology.

John Donohue, Head of Global Liquidity at J.P. Morgan Asset Management, expressed enthusiasm about being a pioneer with this launch. He anticipates that other GSIB banks will follow suit in offering clients more options for investing in money market funds. Donohue asserted, “With Morgan Money, tokenization can fundamentally change the speed and efficiency of transactions, thereby adding new capabilities to traditional products. This represents a significant leap forward in how assets will be exchanged in the future and opens up exciting possibilities for our clients and the industry as a whole.”

For further information on MONY and to explore its offerings, investors are encouraged to visit the dedicated website provided by J.P. Morgan Asset Management. The token address for MONY on the blockchain is 0x6a7c6aa2b8b8a6A891dE552bDEFFa87c3F53bD46.

About J.P. Morgan Asset Management

J.P. Morgan Asset Management manages assets totaling approximately $4 trillion as of September 30, 2025. The firm serves a diverse clientele, including institutions, retail investors, and high net worth individuals globally. It provides unmatched investment management across a variety of asset classes, including equities, fixed income, real estate, hedge funds, private equity, and liquidity solutions. For additional information, please visit www.jpmorgan.com/am.

About Morgan Money

Morgan Money is J.P. Morgan Asset Management's institutional investment platform, engineered for operational efficiency and end-to-end system integration. The platform accommodates clients' unique requirements, allowing them to invest securely and provides a seamless experience for viewing and analyzing their portfolios.

Disclaimer

This fund is intended for qualified investors who meet specific criteria set forth in SEC regulations. Potential investors should thoroughly review all related documents to understand the associated risks before proceeding.