TechFlow News, May 13: According to Bloomberg, JPMorgan’s Asset Management division has filed its second application for a tokenized money market fund—the JPMorgan Chase OnChain Liquidity Token Money Market Fund (ticker: JLTXX). The filing indicates that the fund will issue digital tokens on the Ethereum blockchain, representing ownership stakes in its underlying portfolio of U.S. Treasury securities and repurchase agreements. This move underscores JPMorgan’s continued expansion into blockchain-based financial products.
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