Overview
Kinexys (formerly JPM Coin and Onyx) is JPMorgan's blockchain-based platform for institutional money movement and settlement. The platform enables JPMorgan's institutional clients to transfer US Dollars and Euros via blockchain, facilitating 24/7 cross-border payments with atomic settlement. Kinexys processes billions of dollars in daily transactions and represents the largest traditional bank's commitment to blockchain-based settlement infrastructure. The platform includes programmable payments, intraday repo, and cross-border settlement capabilities that reduce the friction and cost of institutional money movement compared to legacy correspondent banking systems.
Key Products & Features
- Kinexys Digital Payments — blockchain-based institutional transfers
- JPM Coin — deposit token for 24/7 settlement
- Programmable Payments — conditional payment execution
- Intraday Repo — short-term blockchain-settled lending
Why This Is NeoFi
Kinexys is definitive NeoFi: it settles institutional payments on a private blockchain, provides critical real-world financial utility by moving billions daily for JPMorgan's clients, and represents the highest institutional grade as infrastructure built and operated by the world's largest bank.
The three pillars of NeoFi:
- On-Chain Execution: All operations and settlement occur transparently on blockchain, ensuring full auditability and programmability.
- Real-World Financial Utility: Products deliver genuine value in established financial markets — lending, trading, payments, custody, or asset management.
- Institutional-Grade Design: Infrastructure meets the standards of professional finance: robust risk management, compliance frameworks, scalability, and operational resilience.
Explore More NeoFi Projects
Other protocols in the Payments Infra category:
