Marex Adopts J.P. Morgan’s Blockchain Solution for Settlements

Marex Group plc has become the first clearing firm to integrate Kinexys Digital Payments, J.P. Morgan's blockchain-based settlement system. The collaboration with Brevan Howard Digital aims to reduce settlement risk and enhance payment efficiency through programmable, 24/7 infrastructure.

The technology leverages blockchain deposit accounts to enable near-instant settlements, cutting time and cost while maintaining security parity with traditional rails. Terry Hollingsworth of Marex hailed the system as "the next generation" of financial infrastructure.

This MOVE signals growing institutional adoption of blockchain solutions for core financial operations, with J.P. Morgan continuing to lead in enterprise-grade implementations. The partnership may accelerate broader market acceptance of distributed ledger technology for settlement processes.