Key takeaways

  • Kinexys by J.P. Morgan’s industry-leading blockchain infrastructure underpins J.P. Morgan Asset Management’s suite of tokenized money market funds.
  • As demand for tokenized assets grows, tokenized money market funds can help meet investor needs while introducing new features enabled by blockchain technology.

Kinexys by J.P. Morgan is driving innovation in the asset management industry by enabling J.P. Morgan Asset Management (JPMAM) to launch tokenized money market funds across private and registered fund structures, leveraging Kinexys’ industry-leading tokenization infrastructure. Kinexys provides the translation layer between the funds’ service providers and the public Ethereum blockchain. This enables JPMAM and the funds’ transfer agent to easily apply controls to the funds, track investors’ peer-to-peer transactions and effect changes in onchain ownership record in the event of subscriptions, dividend reinvestments and redemptions.

Money market funds have historically provided investors liquidity, stability, and yield. The launch of tokenized money market funds reflects a growing shift in the industry toward representation of traditional assets on public blockchain networks. As demand for tokenized assets grows, tokenized money market funds can help meet investor needs while introducing new features enabled by blockchain technology.

Kara Kennedy, Global Head of Market Development at Kinexys by J.P. Morgan, said, “Tokenized financial infrastructure is no longer theoretical; it’s restructuring liquidity, settlement and digital asset workflows at increasing speed. We’re committed to helping the industry at large evolve solutions that lower barriers to entry and add value through new onchain functionality.”

Learn about the Kinexys business and our tokenization efforts here. For a primer on key terms and concepts in the blockchain and digital assets space, check out our Blockchain 101 glossary here