News list for " service transactions"

JP Morgan executes the first fund services transaction on its Kinexys blockchain

On October 31st, JPMorgan Chase is expanding the application of its Kinexys blockchain from payments and repurchase transactions to the back-office operations of private markets. The bank said on Thursday that its asset and wealth management arm had partnered with fund manager Citco to complete the first transaction using a new system called Kinexys Fund Flow, which automates the recording of alternative funds on a private blockchain.

clock
2025-10-31 00:16:38
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.