JPMorgan has allocated an initial $100 million of its own capital to launch a tokenized money market fund exclusively for qualified investors.
One of the largest banks in the United States is accelerating its push into blockchain based financial products. JPMorgan plans to introduce a tokenized money market fund built on a leading smart contract network, aiming to bring traditional financial instruments onto on-chain infrastructure. The fund will be limited to qualified investors, with the bank backing the launch using its own capital.
The initiative stands out as a concrete extension of JPMorgan’s long-running digital asset and tokenization strategy. The bank has previously explored on-chain settlement, digital asset transfers, and tokenization through pilot programs. This move marks a shift toward offering a fully fledged traditional financial product directly on blockchain rails.
Analysts say tokenized money market funds are gaining traction among institutional investors due to improved efficiency, transparency, and faster settlement. JPMorgan’s move signals that tokenization is moving beyond experimentation and could pave the way for bonds, equities, and other conventional assets to be issued on blockchain infrastructure in the future.
