JPMorgan Tokenized Funds Expand to Solana & Southeast Asia Stablecoin Standards
JPMorgan Asset Management has brought two tokenized money market funds to Solana, while Malaysia and Thailand join Singapore's BLOOM cross-border stablecoin initiative — two signals of accelerating institutional crypto infrastructure.
What we know
@TheBlockCo reports JPMorgan's MONY and JLTXX funds are now live on Solana, with JLTXX specifically designed to support stablecoin issuers under the GENIUS Act. Separately, an account on X reports Malaysia and Thailand joining Singapore's BLOOM initiative for cross-border payment standards covering regulated stablecoins and tokenized bank deposits — broadening the institutional stablecoin framework across Southeast Asia.
Sources
“JPMorgan Asset Management has expanded two Ethereum-based tokenized money market funds to Solana”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.