JPMorgan Kinexys Surpasses $1.5 Trillion in Blockchain Volume

JPMorgan's blockchain platform, Kinexys (formerly Onyx), has officially surpassed $1.5 trillion in total transaction volume since its inception. This milestone highlights the growing institutional adoption of blockchain technology for cross-border payments and settlement processes. The platform leverages a permissioned version of Ethereum to facilitate instantaneous transactions for major financial institutions. By reducing settlement times and operational costs, Kinexys has become a critical infrastructure component for global finance. The system supports various digital asset initiatives, including tokenized deposits and collateral settlements. JPMorgan continues to expand the network's capabilities to integrate more traditional financial assets into the blockchain ecosystem. This achievement underscores the shift toward programmable money and the increasing relevance of institutional-grade distributed ledger technology.

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