Marex Adopts JPMorgan’s Blockchain Settlement System Kinexys in Partnership with Brevan Howard Digital

Marex has become the first clearing firm to integrate JPMorgan's blockchain-based settlement system, Kinexys Digital Payments, through a collaboration with Brevan Howard Digital. The MOVE aims to modernize payment infrastructure and reduce settlement risk using programmable, always-on digital ledger technology.

Kinexys represents JPMorgan's push into digital assets, enabling near-instant settlements via blockchain deposit accounts. This shift from legacy systems to 24/7 digital clearing mechanisms marks a significant advancement in financial market infrastructure.

Brevan Howard Digital, which joined the Kinexys network earlier this year, has been working with partners to expand the ecosystem for blockchain-based financial services. Marex's adoption underscores its commitment to operational efficiency and next-generation client solutions.