Marex Integrates JPMorgan’s Blockchain Settlement System Kinexys in Industry First

Marex has become the inaugural clearing firm to adopt JPMorgan’s Kinexys Digital Payments, a blockchain-based settlement platform developed in collaboration with Brevan Howard Digital. The MOVE signals accelerating institutional adoption of distributed ledger technology for financial infrastructure.

The solution enables near-instant settlements through blockchain deposit accounts, replacing legacy systems with 24/7 programmable clearing. "Kinexys represents the next generation of financial market infrastructure," said Marex’s Terry Hollingsworth, highlighting the platform’s risk-reduction potential.

Brevan Howard Digital, which joined the Kinexys network earlier this year, continues to expand the ecosystem for blockchain-based financial services. The partnership underscores how traditional finance giants are leveraging crypto-native solutions to modernize operations.