JPMorgan files for JLTXX, a second Ethereum-based tokenized Treasury fund

JPMorgan Asset Management has filed with the U.S. SEC to launch JLTXX, a second tokenized money market fund on Ethereum run through its Kinexys Digital Assets unit. The filing follows the debut of its first tokenized fund, MONY, in December 2025, and describes a portfolio fully invested in short-term U.S. Treasuries and fully collateralized overnight repos. JLTXX still needs SEC approval and is expected to initially target institutional buyers rather than retail investors.