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[SITUATION] · [ACTIVE]

2 clusters · 13 sources · 27 days · First seen 28 days ago · Last updated 1 day ago

Categories: BUSINESS · TECHNOLOGY

Kinexys blockchain service launches with KB Kookmin

Entities: SWIFT · KB Kookmin Bank · South Korea · Kinexys · JPMorgan Chase & Co.

Overview

After adding the Singapore dollar to its tokenized‑deposit network in late June 2026, JPMorgan Chase’s Kinexys platform continued expanding its corporate‑payment capabilities. In July, South Korea’s KB Kookmin Bank announced a blockchain‑based cross‑border payment service built on Kinexys, linking ten regions and integrating with SWIFT to enable 24/7 U.S.‑dollar settlements.

In late July, KB Kookmin confirmed that the service will go live in August 2026. The rollout will cover South Korea, the United States, Singapore, Saudi Arabia, India, Thailand, Qatar, the United Arab Emirates, Bahrain and South Africa, and will be available through the bank’s domestic branches and its Singapore office. The launch makes KB Kookmin the first South Korean lender to use Kinexys for corporate payments, extending the platform’s reach from tokenized deposits to real‑time, multi‑region trade‑finance settlements. Kinexys now reports over US$4 trillion in cumulative volume and an average daily flow of about US$70 billion.

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 8 SOURCES] KB Kookmin Bank will launch a blockchain-based cross‑border payment service in August 2026. (multiple articles)
[● 8 SOURCES] The service will use JPMorgan's Kinexys blockchain platform. (multiple articles)
[● 8 SOURCES] KB Kookmin Bank is the first South Korean financial institution to use Kinexys for corporate payments. (multiple articles)
[● 8 SOURCES] KB Kookmin Bank and JPMorgan signed a memorandum of understanding for blockchain remittance services. (multiple articles)
[● 7 SOURCES] The service will support U.S. dollar transfers across ten countries: South Korea, United States, Singapore, Saudi Arabia, India, Thailand, Qatar, United Arab Emirates, Bahrain, and South Africa. (multiple articles)
[● 7 SOURCES] The blockchain service will integrate Kinexys with the existing SWIFT payment infrastructure. (multiple articles)
[● 7 SOURCES] The service will be accessible through KB Kookmin’s domestic branches and its Singapore branch. (multiple articles)
[● 5 SOURCES] Kinexys has processed cumulative transaction volume exceeding $4 trillion and an average daily flow of about $70 billion. (multiple articles)

Timeline

1 day ago

[BUSINESS] 11 sources
KB Kookmin Bank launches JPMorgan Kinexys blockchain payment service
KB Kookmin Bank will launch a Kinexys blockchain cross‑border payment service in August 2026, supporting USD transfers across ten countries via SWIFT‑linked, 24/7 settlement.
28 days ago

[TECHNOLOGY] 4 sources
JPMorgan adds Singapore dollar to tokenized deposit blockchain platform
JPMorgan’s Kinexys platform now supports the Singapore dollar, enabling 24/7 on‑chain FX with major currencies and automating treasury tasks; the network has processed over $4 trillion so far.

Sources

abmedia.io · aisj.org · cointrust.com · crypto.news · cryptobriefing.com · cryptopolitan.com · news.bitcoin.com · news.heraldcorp.com · seoul.co.kr · socialvalue.kr · tokenpost.com · trikotsport.hu · tronweekly.com

This summary has been updated 1 time: see revision history