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Anchorage Digital has announced that it has joined JPMorgan’s new JPMorgan OnChain Liquidity-Token Money Market Fund (JLTXX) as a seed investor.
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JLTXX is a new money market fund registered in the U.S. that invests in safe short-term U.S. Treasuries and repos. The fund will issue tokens on Ethereum.
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The announcement comes after BlackRock’s recent tokenized fund filings and Bitwise’s new Bitwise Crypto Carry Fund.
On May 15, Anchorage Digital, a leading regulated institutional digital asset platform, revealed that it is participating in the new JPMorgan OnChain Liquidity-Token Money Market Fund (JLTXX) as a seed investor.
New: Anchorage Digital is participating as a seed investor in the new JPMorgan OnChain Liquidity-Token Money Market Fund (JLTXX), a U.S. registered government money market fund designed to invest in a manner to support stablecoin issuers under the GENIUS Act.
Tokenized assets… pic.twitter.com/pE6zUnnUwJ
— Anchorage Digital ⚓️ (@Anchorage) May 15, 2026
What is JPMorgan’s New Tokenized Fund ‘JLTXX’
JPMorgan Asset Management has recently announced the launch of its second tokenized money market fund. The name of this fund is the JPMorgan OnChain Liquidity Token Money Market Fund, which will use the ticker symbol JLTXX. This fund is now operating on the public Ethereum blockchain network.
John Donohue, Head of Global Liquidity at JPMorgan Asset Management, stated in the official announcement that, “Investors are increasingly looking for ways to modernize liquidity management without changing the fundamentals of what they own. Money market funds have long served as a core tool for investors seeking liquidity, stability, and competitive short-term yield. There is a continued shift toward bringing established financial products onto public blockchain networks, and we are excited to bring more options to market for our clients.”
Anchorage Digital will join the project as a major seed investor after a $100 million from JPMorgan itself. The announcement comes after the approval of the GENIUS Act, which is the first United States stablecoin regulation signed by U.S. President Donald Trump in 2025, which provides a much-needed regulatory clarity to the digital asset industry.
JLTXX is a newly introduced government money market fund, which is registered in the United States. The fund will invest in safe and low-risk assets, including short-term United States Treasury securities and overnight repurchase agreements, which are backed by Treasuries or cash.
In simple words, one can think of it as a savings account that allows users to earn a small amount of yield. But instead of receiving traditional shares, investors will get digital tokens on the Ethereum blockchain that prove their real ownership in the fund.
Users will be able to hold these tokens in blockchain wallets, and they can transfer tokens from one wallet to another wallet. They can also use it as collateral in crypto markets.
The official announcement stated that, “The fund offers daily dividend reinvestment, and investors will be able to subscribe and redeem through the Morgan Money platform using cash or stablecoins through a third-party vendor. This is the second fund to use J.P. Morgan’s multi‑chain asset tokenization solution as part of its infrastructure.”
In the last few weeks, many financial institutions have made their announcements regarding their tokenized funds. BlackRock, which is the world’s largest asset management firm, recently announced two new tokenized money market funds that are expected to attract stablecoin holders.
One of these funds will add an on-chain share to its existing treasury liquidity fund, which is currently holding $7 billion in assets.
The second fund is a new product called the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle. Both of these funds are running on the Ethereum network. The fund is expected to expand to more blockchains in the upcoming time.
On May 7, Bitwise announced the takeover of the Superstate Crypto Carry Fund (USCC), which will be renamed the Bitwise Crypto Carry Fund. Hunter Horsley, CEO of Bitwise, stated in the press release, “Capital markets are moving on-chain. It’s happening fast, and tokenized investment strategies are a core part of this platform shift.”
According to rwa.xyz, the tokenized real-world assets (RWAs) have surged over $33 billion in Distributed Asset Value, in which United States Treasuries hold a large portion of that amount. The launch of new tokenized funds comes after the success of BlackRock’s BUIDL fund.
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