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BMW Adopts JPMorgan’s Blockchain for FX Automation

BMW Adopts JPMorgan’s Blockchain for FX Automation

Author:

Global Cryptocurrency

Published:

2025-12-09 14:32:02

24

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BTCCSquare news:

BMW has integrated JPMorgan's blockchain platform, Kinexys, to streamline its foreign-exchange transactions. The MOVE replaces outdated manual processes with automated solutions, enabling real-time euro-to-dollar transfers when balances dip below predefined thresholds.

The system eliminates days-long settlement delays, reducing BMW's need for cash buffers. Treasury teams highlight programmability as the key advantage, allowing rule-based execution without manual intervention—a significant leap in corporate finance automation.

While Kinexys currently handles $5 billion daily, volumes remain dwarfed by traditional banking networks. The adoption signals growing institutional interest in blockchain's operational efficiencies beyond cryptocurrency speculation.

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