J.P. Morgan adds five Asia-Pacific currencies to its Kinexys blockchain platform

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J.P. Morgan has expanded its Kinexys blockchain-based settlement network by incorporating five Asia-Pacific currencies. The move enables institutional clients to settle payments and foreign exchange transactions at any time of day. The expansion reflects a broader push by major banks to modernize cross-border payment infrastructure using distributed ledger technology. By offering round-the-clock settlement, Kinexys aims to reduce the time and friction typically associated with traditional international transactions.

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