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Deployments · Kinexys Digital Assets · platform by J.P. Morgan

JPMorgan OnChain Liquidity-Token Money Market Fund (JLTXX)Updated 7 Nov 2026

J.P. Morgan Asset Management's second tokenised money market fund and its first registered one, a government money market fund on public Ethereum designed to be held by stablecoin issuers as reserves under the GENIUS Act. Qualified investors subscribe through Morgan Money; redemptions can be paid in cash or stablecoins. J.P. Morgan seeded it with $100 million alongside Anchorage Digital.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since 13 May 2026[4] — About $738 million on chain with seven holders in October 2026. · Reviewed 13d ago

Assets
Fund interest[4]
Registered government MMF shares held as token balances; holds Treasuries and Treasury repo
Networks
Ethereum Public, permissionless[4]
Solana Public, permissionless[3]
rwa.xyz lists a token on Solana with negligible supply.
Use cases
Primary issuance[3]Fund subscription and redemption[4]
Jurisdictions
United States

Participants

Likely relevant regulation

Assets

Metrics

  • $100mSeed investment · as of 13 May 2026[4]
  • $738.19mAssets under management · as of 11 Oct 2026[3]
    On-chain via rwa.xyz.
  • $738.19mAssets on Ethereum · as of 11 Oct 2026 · on Ethereum[3]
    On-chain token supply via rwa.xyz; NAV $1.
  • 7 holdersToken holders · as of 11 Oct 2026[3]
    On-chain via rwa.xyz.
  • ~$628.48mFund assets · as of 30 Sep 2026[1]
    From the fund's September 2026 fact sheet ($628.48m).
  • $482.55m / monthGross subscriptions · as of Jun 2026[5]
    June 2026 total gross subscriptions of the Token class (C000272118), from the fund's N-MFP3.
  • $700,002 / monthGross redemptions · as of Jun 2026context[5]
    June 2026 total gross redemptions of the same class. Context so subscriptions and redemptions are not added together (decision 2026-10-26-flows-2).
  • $170.59m / monthGross subscriptions · as of Jul 2026[6]
    July 2026 total gross subscriptions of the Token class (C000272118), from the fund's N-MFP3.
  • $52.77m / monthGross redemptions · as of Jul 2026context[6]
    July 2026 total gross redemptions of the same class. Context so subscriptions and redemptions are not added together (decision 2026-10-26-flows-2).
  • $25.96m / monthGross subscriptions · as of Aug 2026[7]
    August 2026 total gross subscriptions of the Token class (C000272118), from the fund's N-MFP3.
  • $48.65m / monthGross redemptions · as of Aug 2026context[7]
    August 2026 total gross redemptions of the same class. Context so subscriptions and redemptions are not added together (decision 2026-10-26-flows-2).
  • $117.2m / monthGross subscriptions · as of Sep 2026[8]
    September 2026 total gross subscriptions of the Token class (C000272118), from the fund's N-MFP3.
  • $266m / monthGross redemptions · as of Sep 2026context[8]
    September 2026 total gross redemptions of the same class. Context so subscriptions and redemptions are not added together (decision 2026-10-26-flows-2).
  • ~$54.47mSupply on chain (daily) · as of 7 Nov 2026 · on Ethereum[10]
    Automated daily reading.

Timeline

  1. Happened 16 Jun 2026 · Production milestone · recorded 14 Oct 2026
    OSL says JLTXX has become one of the reserve assets of the USDGO stablecoin issued by Anchorage Digital Bank.[2]
  2. Happened 13 May 2026 · Launch · recorded 11 Oct 2026
    JLTXX launches on Ethereum with a $100 million seed from J.P. Morgan Asset Management and participation from Anchorage Digital.[4]

Sources

  1. [1]JPMorgan OnChain Liquidity-Token Money Market Fund fact sheet, September 30, 2026 — J.P. Morgan Asset Management, 30 Sep 2026. Accessed 14 Oct 2026.B
  2. [2]Circulating Supply of Enterprise Stablecoin USDGO Surpasses US$500 Million as Liquidity Deepens and Ecosystem Expands — OSL Group (sponsored release on The Block), 17 Jun 2026. Accessed 14 Oct 2026.B
  3. [3]JLTXX asset page — RWA.xyz. Accessed 11 Oct 2026.A
  4. [4]J.P. Morgan Asset Management launches second tokenized fund on Ethereum — J.P. Morgan Asset Management, 13 May 2026. Accessed 11 Oct 2026.B
  5. [5]JPMorgan OnChain Liquidity-Token Money Market Fund: Form N-MFP3 monthly report for June 2026 — JPMorgan Trust IV (SEC Form N-MFP3), 8 Jul 2026. Accessed 26 Oct 2026.A
  6. [6]JPMorgan OnChain Liquidity-Token Money Market Fund: Form N-MFP3 monthly report for July 2026 — JPMorgan Trust IV (SEC Form N-MFP3), 7 Aug 2026. Accessed 26 Oct 2026.A
  7. [7]JPMorgan OnChain Liquidity-Token Money Market Fund: Form N-MFP3 monthly report for August 2026 — JPMorgan Trust IV (SEC Form N-MFP3), 8 Sep 2026. Accessed 26 Oct 2026.A
  8. [8]JPMorgan OnChain Liquidity-Token Money Market Fund: Form N-MFP3 monthly report for September 2026 — JPMorgan Trust IV (SEC Form N-MFP3), 7 Oct 2026. Accessed 26 Oct 2026.A
  9. [9]JLTXX asset page (service providers) — RWA.xyz. Accessed 28 Oct 2026. Service-provider metadata on the RWA.xyz asset page; RWA.xyz data, not an issuer document..C
  10. [10]Supply by chain, read daily — On-chain (public RPC, automated daily refresh). Accessed 7 Nov 2026.A

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