J.P. Morgan expands Kinexys blockchain deposit accounts to five Asia-Pacific currencies
Key points
- J.P. Morgan has added five Asia-Pacific currencies to its Kinexys blockchain deposit accounts, bringing total supported currencies to eight.
- The accounts enable round-the-clock payments, on-chain FX, and programmable treasury functions.
- The specific currencies added and go-live dates were not disclosed.
- Whether the new currencies support atomic delivery-versus-payment or stay confined to nostro reconciliation workflows is the open detail.
J.P. Morgan has added five Asia-Pacific currencies to its Kinexys blockchain deposit accounts, bringing the total to eight supported currencies. The accounts enable round-the-clock payments, on-chain foreign exchange, and programmable treasury functions across major markets.
The expansion extends the bank’s tokenised deposit infrastructure into the region, allowing institutional clients to settle cross-border transactions and execute FX conversions without leaving the blockchain layer. The specific currencies added and go-live dates remain unspecified in the announcement.
The move positions Kinexys as a multi-currency settlement rail for corporates and asset managers operating across time zones. Whether the new currencies support atomic delivery-versus-payment or remain confined to nostro reconciliation workflows is the detail to watch.
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