#JPMorgan

38 articles tagged #JPMorgan — curated RWA tokenization coverage.

#Tokenization #Kinexys #InstitutionalFinance #TokenizedDeposits #Blockchain #CrossBorderPayments #Ethereum #BlackRock #DTCC #Ondo Finance

Ant, KASIKORNBANK use JP Morgan’s Kinexys for cross border DLT payments

8.0

Infrastructure

Ant, KASIKORNBANK use JP Morgan’s Kinexys for cross border DLT payments

KASIKORNBANK (KBank) and Ant International have announced a strategic collaboration to facilitate real-time, 24/7 cross-border USD transactions. The initiative leverages Kinexys by JP Morgan, utilizing its blockchain-based deposit accounts to streamline international liquidity management. While Ant International has previously integrated Kinexys, this partnership deepens the operational synergy between the two entities, building upon their existing relationship through the Alipay+ digital wallet gateway. Ant International utilizes its internal treasury management solution, Whale, to orchestrate these movements across various tokenized deposit platforms. By partnering with systemically important banks, Ant International aims to establish robust standards for digital asset-based settlements. This development underscores the growing institutional adoption of tokenized deposits to replace traditional, slower cross-border payment rails. The move highlights the critical role of major financial institutions in scaling blockchain infrastructure for global treasury operations.

#JPMorgan #Kinexys

KBank and Ant International turn to JPMorgan's Kinexys for real-time cross-border USD

8.0

Infrastructure

KBank and Ant International turn to JPMorgan's Kinexys for real-time cross-border USD

Kasikornbank (KBank) and Ant International have integrated JPMorgan’s Kinexys digital asset platform to facilitate real-time, cross-border USD settlements. This collaboration leverages blockchain technology to replace traditional, slower correspondent banking methods, enabling 24/7 transaction capabilities for businesses. By utilizing Kinexys, formerly known as Onyx, the partners aim to enhance liquidity management and reduce the friction typically associated with international currency transfers. This move signifies a growing trend among major financial institutions to adopt institutional-grade blockchain infrastructure for high-volume, cross-border payments. The integration allows KBank to offer more efficient settlement services to its corporate clients, particularly those engaged in global trade. As traditional banks increasingly adopt tokenized settlement layers, the efficiency of global USD liquidity is expected to improve significantly. This development underscores the shift toward programmable money and real-time settlement rails within the broader RWA and digital finance ecosystem.

#Blockchain #JPMorgan #Kinexys

finextra.com·Jun 2

#JPMorgan

Ant, KASIKORNBANK use JP Morgan’s Kinexys for cross border DLT payments

Insights directly to your inbox

KBank and Ant International turn to JPMorgan's Kinexys for real-time cross-border USD