JPMorgan Chase has announced the launch of its second tokenized money market fund on the Ethereum blockchain, named the "OnChain Liquidity-Token Money Market Fund" with the ticker JLTXX. This fund will invest in U.S. Treasury securities and overnight repurchase agreements backed by Treasuries or cash. It aims to comply with the reserve asset requirements for stablecoin issuers as outlined in the GENIUS Act. The fund is issued on Ethereum and managed by JPMorgan's Kinexys Digital Assets, which handles blockchain-related management. This follows JPMorgan's previous launch of its first tokenized money market fund, MONY, on Ethereum last year.