JPMorgan’s blockchain payments platform, Kinexys, now supports eight major currencies for round-the-clock cross-border settlement. The platform has processed more than $4 trillion in cumulative transactions.
The five newly added currencies are the Australian dollar, Hong Kong dollar, Japanese yen, Chinese renminbi, and Singapore dollar, according to a Monday statement. They join the US dollar, euro, and British pound, which were already live on the platform.
What Kinexys actually does
Kinexys runs on a permissioned blockchain, meaning only vetted participants get access. The platform averages daily transaction volumes exceeding $7 billion.
JPMorgan originally launched this infrastructure under the name Onyx. The rebrand to Kinexys happened in November 2024, a move the bank said reflected broader capabilities in digital payments and tokenization beyond just interbank settlement.
