JPMorgan has filed paperwork to launch a tokenized money market fund on the Ethereum blockchain, according to multiple reports. The initiative is described as JPMorgan’s second tokenized fund, filed roughly four months after the bank previously placed a fund on Ethereum. The proposed fund, referred to in reporting as the JPMorgan OnChain Liquidity-Token Money Market Fund with ticker JLTXX, is set to issue digital tokens on Ethereum that represent shares in the fund’s underlying portfolio. The fund’s investment strategy is outlined as investing in U.S. Treasurys and overnight repurchase agreements (repos) collateralized by Treasurys or cash. The filings indicate an initial deployment on Ethereum, reflecting JPMorgan’s ongoing experimentation with blockchain-based financial products. While the reports focus on the filing and the intended structure of the tokenized shares, they do not provide details on when the fund will begin operations. Overall, the sources describe a regulatory filing for a new Ethereum-based money market product backed by short-term, Treasurys-linked instruments.