CryptoWorld News: JPMorgan is launching a second tokenized money market fund on Ethereum, named "onchain liquidity-token money market fund," with the code jltxx. The fund will invest in U.S. Treasury bonds and overnight repurchase agreements collateralized by Treasury bonds or cash, and plans to meet the relevant requirements for reserve assets of stablecoin issuers under the "genius act." The fund’s blockchain-related operations are handled by Kinexys Digital Assets, a JPMorgan subsidiary. Previously, JPMorgan launched its first tokenized money market fund, mony, on Ethereum last year.

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