Marex Integrates JPMorgan Kinexys to Modernize Blockchain Settlements

Marex Group plc has become the first clearing firm to integrate JPMorgan’s Kinexys Digital Payments, a blockchain-based settlement system, in collaboration with Brevan Howard Digital. The move is intended to modernize payment infrastructure and reduce settlement risk across Marex’s operations. By leveraging programmable and always-on digital ledger technology, the initiative aims to enhance transaction efficiency and security for its clients. Marex highlighted that this development reflects a broader shift in financial markets toward next-generation infrastructure that supports faster and more transparent settlements [1].

The Kinexys platform, part of JPMorgan’s broader digital assets strategy, enables near-instant settlement through blockchain deposit accounts. Brevan Howard Digital, a long-time participant in the Kinexys network since 2024, has been actively working with partners to expand the ecosystem of blockchain-based financial services. Marex’s integration of the system aligns with ongoing efforts by financial institutions to address legacy limitations in settlement processes and enhance cross-asset transaction capabilities [2].

Terry Hollingsworth, Marex’s global head of futures and OTC clearing sales, emphasized the significance of the partnership, stating that “Kinexys by JPMorgan is the next generation of financial market infrastructure.” The platform supports 24/7 settlements, a feature that Akshika Gupta, global head of client solutions at Kinexys, described as a “significant milestone in the advancement of financial market infrastructure.” These remarks highlight the platform’s potential to redefine institutional-grade settlement protocols [1].

The adoption of Kinexys by Marex underscores the growing role of clearing firms in driving innovation within the financial ecosystem. As markets evolve, firms are increasingly looking to integrate digital solutions to maintain competitiveness and meet regulatory expectations. Marex’s initiative is seen as a step toward broader industry adoption of blockchain and digital infrastructure, especially in post-trade processes where speed and transparency are critical. The collaboration with Brevan Howard Digital further strengthens Marex’s ability to offer enhanced services in complex and high-risk transactions [2].

Industry observers suggest that this partnership reflects a larger trend in the modernization of settlement systems. The integration of blockchain technology is gaining traction among financial institutions seeking to reduce counterparty risk and streamline operations. With Marex at the forefront, the initiative may encourage other clearing firms to reassess their infrastructure and consider similar technological advancements [3].

Source:

[1] CoinDesk, Marex Becomes First Clearing Firm to Adopt JPMorgan's Kinexys With Brevan Howard Digital (https://www.coindesk.com/business/2025/08/06/marex-becomes-first-clearing-firm-to-adopt-jpmorgan-s-kinexys-with-brevan-howard-digital)

[2] Markets Media, Marex is First Clearing Firm to Use Kinexys Digital Payments (https://glenbrook.com/payments-news/all-payments-news/)

[3] CryptoRank, News - Settlement (https://cryptorank.io/news/tag/settlement)