Overview

• Marex’s live adoption on August 6 marks the first clearing firm integration of Kinexys Digital Payments, developed by JPMorgan to modernize cross-border settlement infrastructure.
• The blockchain-based system provides near-instant settlement through permissioned deposit accounts, allowing continuous operations beyond traditional banking hours.
• Collaboration with Brevan Howard Digital follows its 2024 onboarding to the Kinexys network and expands the ecosystem of institutional partners.
• Kinexys supports programmable transactions in multiple currencies, reducing settlement risk and lowering operational costs for derivatives clearing.
• Additional financial institutions are now evaluating participation in the expanding platform to streamline operations and enhance risk management.