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JPMorgan Chase is launching its second tokenized money market fund on Ethereum, called "OnChain Liquidity-Token Money Market Fund," with the ticker 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 reserve asset requirements for stablecoin issuers as outlined in the GENIUS Act. The document shows that the fund is issued on Ethereum and managed on the blockchain by JPMorgan's Kinexys Digital Assets. Previously, JPMorgan launched its first tokenized money market fund, MONY, on Ethereum last year. (The Block)