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    JPMorgan Introduces Two Solana-Based Tokenised Funds for US Investors

    1 hour ago

    JPMorgan Asset Management has made two tokenised money market funds, MONY and JLTXX, available to eligible US investors on Solana through its Morgan Money platform. Investors can subscribe to and redeem fund tokens, which are deposited into their blockchain wallets. MONY invests in US Treasury bonds and Treasury-backed repurchase agreements, while its structure includes investor onboarding checks and an off-chain shareholder ledger.
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