Overview

• Marex has become the first clearing firm to adopt JPMorgan’s Kinexys Digital Payments in partnership with Brevan Howard Digital.
• The blockchain-based platform enables near-instant, multi-currency settlements around the clock through programmable digital ledger accounts.
• Rebranded from Onyx in late 2024, Kinexys represents JPMorgan’s broader push into institutional digital assets and market infrastructure modernization.
• Support for dollars, euros and sterling allows the network to streamline cross-border transactions and speed derivatives margin-call settlements.
• The integration underscores accelerating institutional uptake of always-on blockchain clearing that aims to reduce counterparty risk and operational costs.