Siemens and B2C2 Adopt JPMorgan’s Blockchain for 24/7 FX Transactions

Siemens AG and crypto liquidity provider B2C2 are leveraging JPMorgan Chase's blockchain platform Kinexys to execute real-time foreign exchange transactions around the clock. This marks a significant evolution in corporate finance, where traditional FX systems typically face weekday-only operational constraints and multi-day settlement times.

The Kinexys Digital Payments platform enables instantaneous settlement in major fiat currencies including US dollars, British pounds, and euros. For B2C2—a subsidiary of Japan's SBI Holdings—this blockchain integration provides critical advantages during crypto market volatility, allowing seamless capital movement when traditional banking systems are offline.

The collaboration signals growing institutional recognition of blockchain's potential to solve legacy financial infrastructure pain points. As noted by B2C2 CEO Thomas Restout, the technology's 24/7 functionality fundamentally transforms risk management capabilities for market participants.