JPMorgan Makes History: Marex Becomes First Clearing Firm for 24/7 Blockchain Payments

Wall Street's sleeping giant just woke up—and it's holding a blockchain ledger.

JPMorgan shatters traditional finance hours by onboarding Marex as its first 24/7 clearing partner for real-time crypto settlements. No more waiting for the NYSE bell.

The move signals banks are finally treating digital assets like the markets they serve: always on. Though skeptics whisper this is just Jamie Dimon hedging his anti-crypto rants with quiet infrastructure plays.

One thing's clear: When the suits start optimizing for crypto speed over golf-course handshakes, the old system's days are numbered.

How JPMorgan and Marex Enable 24/7 Blockchain Payment Settlements

Marex Group has become the first clearing firm to actually utilize JPMorgan blockchain clearing firm infrastructure through the Kinexys Digital Payments platform. This partnership with Brevan Howard Digital enables 24/7 blockchain payments that operate continuously, even reducing settlement risk during financial market volatility periods.

The JPMorgan blockchain clearing firm system processes over $1 billion monthly in corporate settlement transactions right now. Marex clearing services now leverage this programmable infrastructure to facilitate instant blockchain payment settlements, along with eliminating traditional banking hour constraints.

Terry Hollingsworth, Global Head of Futures & OTC Clearing Sales at Marex, stated:

Real-Time Settlement Innovation

Since joining Kinexys Digital Payments in 2024, Brevan Howard Digital has actually worked to create an ecosystem utilizing always-on blockchain infrastructure. The JPMorgan blockchain clearing firm partnership demonstrates how institutions embrace 24/7 blockchain payments to enhance efficiency during financial market volatility periods.

Adam Gibbons, COO at Brevan Howard Digital, had this to say:

The platform enables automated cascade payments through Marex clearing services, and even reduces operational risks through real-time position settlement with minimal dependency on traditional bank liquidity windows.

Akshika Gupta, Global Head of Client Solutions at Kinexys by J.P. Morgan, stated:

“Marex and Brevan Howard Digital utilizing the growing Kinexys Digital Payments network to make seamless, 24/7 settlements represents a significant milestone in the advancement of financial market infrastructure. We have been a pioneer in digital payments on blockchain, and this work highlights our dedication to continuing to drive progress and deliver cutting-edge infrastructure for our clients and the industry at large.”

This JPMorgan blockchain clearing firm initiative establishes new precedents for institutional blockchain payment settlements right now, enabling Marex clearing services to offer continuous operation aligned with global trading requirements while maintaining institutional-grade security standards.