According to the filing submitted to the SEC on May 12th, JPMorgan has launched JLTXX, the company's second tokenized money market fund on Ethereum. The on-chain liquid tokenized money market fund will invest in U.S. Treasury Bills and overnight repurchase agreements, designed to meet the reserve requirements that stablecoin issuers must maintain under the GENIUS Act. The blockchain infrastructure will be managed by Kinexys Digital Assets, JPMorgan's business unit. The SEC filing became effective on May 13th.

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MasterChuTheOldDemonMasterChu
· 05-16 04:36
Just charge forward 👊
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