1st July, 2026
By Shubhii Verma
Kinexys Adds Five Major Asia-Pacific Currencies
Kinexys by J.P. Morgan, the blockchain division of J.P. Morgan Payments, has expanded its Blockchain Deposit Account (BDA) network by introducing support for five major Asia-Pacific currencies—Australian Dollar (AUD), Hong Kong Dollar (HKD), Japanese Yen (JPY), Chinese Renminbi (RMB), and Singapore Dollar (SGD). The move significantly broadens the platform’s global reach and strengthens its position as one of the most comprehensive blockchain-based settlement networks for institutional clients.
Seamless Cross-Border Settlements and FX Transactions
With the addition of these currencies, businesses and financial institutions can now seamlessly transfer funds and conduct on-chain foreign exchange (FX) transactions between AUD, HKD, JPY, RMB, SGD, and the platform’s existing supported currencies, including the U.S. Dollar (USD), Euro (EUR), and British Pound (GBP). The expanded network enables 24/7 cross-border settlements, allowing organizations to move money beyond traditional banking hours while improving liquidity management and operational efficiency.
Programmable Payments Enhance Treasury Operations
A key feature of the expanded service is the introduction of programmable payments across all supported currency pairs. This capability allows institutions to automate treasury operations and liquidity management through smart payment instructions, reducing manual processes and enabling faster financial workflows.
Institutional Adoption in Action
Global fintech company Payoneer is among the first organizations to adopt the new AUD-denominated Blockchain Deposit Accounts. The company will use the solution to provide round-the-clock cross-border payment settlements while streamlining internal treasury funding and liquidity movement across international markets.
Meanwhile, JERA Global Markets, a global energy trading and optimization company, has become the first client to utilize the JPY-denominated Blockchain Deposit Accounts. The firm will use the platform to manage intragroup treasury flows and improve liquidity management across its global trading operations, helping enhance capital mobility and financial flexibility.
Driving Global Financial Efficiency Through Blockchain
The expansion reflects growing institutional demand for blockchain-powered financial infrastructure capable of supporting real-time, multi-currency transactions. Businesses operating across multiple time zones increasingly require payment systems that function continuously without relying on conventional banking cut-off times.
Since its launch, Kinexys by J.P. Morgan has processed more than $4 trillion in transaction volume, with average daily transactions exceeding $7 billion. The latest currency expansion reinforces the company’s strategy of modernizing treasury services through blockchain technology and enabling always-on financial operations for global enterprises.
By extending its Blockchain Deposit Account network across key Asia-Pacific currencies, Kinexys aims to accelerate the adoption of blockchain-based payments and foreign exchange solutions, offering multinational corporations and financial institutions greater speed, efficiency, and flexibility in managing global transactions.
