JPMorgan Chase & Co. is set to launch instant foreign exchange (FX) settlements for dollar-euro transactions through its Kinexys blockchain platform, according to Bloomberg. Kinexys, originally known as Onyx, was introduced in 2020 to facilitate digital payments via JPM Coin, a tokenized deposit token native to the blockchain. The platform ...
Prominent financial institutions in the United States, including BlackRock, Fidelity, Bank of America, JP Morgan, Morgan Stanley, Goldman Sachs, BNY Mellon, and Invesco, are making their entry into the digital asset space. These institutions, which collectively manage an estimated $27 trillion in assets, are actively working on providing their clients ...
JPMorgan is making significant strides in its efforts to integrate blockchain technology into traditional banking systems. According to a Bloomberg report on June 23, 2023, the American financial institution has successfully expanded the capabilities of JPM Coin, its blockchain-based payment token, to enable its business clients to conduct financial transactions ...
Prominent global financial services company, JPMorgan Chase, has collaborated with six leading Indian banks to launch a blockchain-powered platform that facilitates interbank settlement of dollar transactions. According to a Bloomberg report published on June 5, 2023, Kaustubh Kulkarni, JPMorgan's senior country officer for India and vice chairman for the Asia ...
