J.P. Morgan Partners with Marex and Brevan Howard Digital for Blockchain Settlements
J.P. Morgan continues to bridge traditional finance with decentralized innovation by onboarding Marex Group Plc as the first clearing firm to utilize its blockchain-based Kinxys Digital Payments system. The partnership, which includes Brevan Howard Digital, aims to streamline real-time settlements while reducing risk and operational costs.
The Kinxys platform, part of J.P. Morgan's blockchain unit, enables programmable payments with institutional-grade security. Marex's NASDAQ-listed status lends credibility to the collaboration, while Brevan Howard's prior integration underscores growing institutional demand for blockchain infrastructure.
This MOVE signals Wall Street's accelerating adoption of blockchain rails for core financial operations, blending TradFi reliability with DeFi efficiency.