Marex Launches First Real-Time Blockchain Settlement System With JPMorgan

Marex, a global clearing firm, has become the first in the industry to adopt JPMorgan’s Kinexys Digital Payments platform for real-time blockchain-based settlements, signaling a major step forward in the digitization of financial infrastructure [1]. The platform, part of JPMorgan’s Onyx blockchain initiative, enables 24/7 programmable payments that significantly reduce settlement risk and eliminate delays associated with traditional systems like SWIFT or ACH [2]. The integration supports instant, secure, and automated transactions, aligning with the continuous trading nature of crypto markets and enhancing operational efficiency for institutional clients [1].

The initiative is a result of a partnership with Brevan Howard Digital, the digital asset arm of the hedge fund Brevan Howard, which has been an early adopter and co-developer of the Kinexys platform since 2024 [2]. This collaboration has allowed both Marex and Brevan Howard to streamline financial workflows, reduce operational friction, and enhance liquidity cycles while maintaining robust compliance and security standards [2].

According to Marex’s Global Head of Futures & OTC Clearing Sales, Terry Hollingsworth, the use of programmable payments through Kinexys allows for automation, risk reduction, and better asset utility [1]. This shift reflects a broader trend in institutional finance, where traditional players are leveraging blockchain to modernize aging systems and meet evolving market demands [1].

The move by Marex and JPMorgan is part of a growing momentum toward blockchain-based financial infrastructure. While programmable payments have long been a feature of decentralized finance (DeFi), JPMorgan’s involvement brings institutional credibility, scale, and regulatory confidence to the space [1]. Analysts anticipate that other clearing firms and asset managers will follow suit as the industry moves toward real-time (T+0) settlement cycles [1].

The adoption of such technology is also aligned with the increasing mainstream acceptance of digital assets. As more individuals and institutions become familiar with crypto, the demand for faster, more secure financial solutions continues to rise [3]. This has driven traditional financial institutions to explore blockchain-based alternatives that offer enhanced transparency, efficiency, and flexibility.

By launching the first real-time blockchain settlement system, Marex is setting a precedent for the future of capital markets. The use of programmable infrastructure allows for predefined actions such as margin calls, netting, and collateral adjustments to be executed automatically, transforming the way financial instruments are traded, cleared, and settled [1]. As more firms integrate similar systems, the convergence between traditional finance and crypto is expected to accelerate, redefining the global financial landscape.

Source:

[1] Brave

https://bravenewcoin.com/partner/marex-jpmorgan-kinexys-partnership

[2] PANews

https://www.panewslab.com/en/articles/e00ccd67-3283-4c77-8e36-41b1b5064195

[3] Security.org

(Not provided)