JPMorgan Unleashes 24/7 Blockchain Payments in British Pounds
JPMorgan is taking another step into the future of finance by introducing blockchain-based accounts denominated in British Pounds, giving global businesses a faster, more flexible way to move money at any hour of the day—even on weekends.
The service comes through its revamped digital payments arm, Kinexys, previously known as Onyx.
This new offering complements JPMorgan’s existing euro and U.S. dollar blockchain payment infrastructure and signals the bank’s deeper push into real-time cross-border finance.
By supporting 24/7 transactions with immediate access to funds and same-day FX settlements, Kinexys aims to eliminate the friction of traditional banking delays.
With GBP now in the mix, clients can shift funds across pounds, euros, and dollars instantly—regardless of time zones or local banking hours. Two major firms, the London Stock Exchange Group’s SwapAgent and global trading powerhouse Trafigura, are among the first to adopt the service.
SwapAgent is experimenting with the technology for automating post-trade processes, looking to extend operations beyond standard market hours.
Meanwhile, Trafigura is tapping into the new accounts to streamline real-time settlements between its key financial centers in London, New York, and Singapore.
JPMorgan’s latest move not only enhances liquidity and operational efficiency for its clients but also reinforces its position at the forefront of blockchain-powered corporate finance.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
