JPMorgan (JPM) to launch new tokenized fund as Wall Street tokenization race heats up

The global banking giant is expanding its tokenized money market lineup, following BlackRock's similar move just a few days ago.

JPMorgan (JPM) is preparing to launch a tokenized money market fund, the latest sign that major financial institutions and Wall Street asset managers are speeding up efforts to move traditional assets onto blockchain rails.

A Tuesday filing with the U.S. Securities and…