Marex Joins JP Morgan’s Blockchain Network, Signaling Institutional Adoption Boost for Crypto Infrastructure
Marex's integration with JPMorgan's blockchain-based payment system marks a pivotal shift in traditional finance's approach to settlement efficiency. The partnership leverages JPMorgan's Onyx division and BH Digital to enable 24/7 real-time payments, challenging legacy banking's temporal and operational constraints.
This institutional embrace of distributed ledger technology creates tailwinds for crypto-native infrastructure projects. Wallet tokens like $BEST stand to benefit from increased demand for user-facing gateways to blockchain-powered financial services. The growing utility proposition mirrors broader adoption trends - US crypto ownership reportedly nears 28% of adults, nearly doubling 2021 penetration rates.