JPMorgan has rebranded its RWA tokenization platform, Onyx, to Kinexys. This new name accompanies plans to incorporate on-chain foreign exchange (FX) settlement for US dollars and euros. JPMorgan has been a pioneer in leveraging blockchain technology for traditional financial operations, successfully completing over $1.5 trillion in transactions since the platform's launch. The rebranding reflects the bank's commitment to enhancing its blockchain services and addressing the growing demand for on-chain settlement solutions in the evolving financial landscape. The initiative aims to streamline FX transactions, making them more efficient and transparent for institutional clients, showcasing JPMorgan's ongoing innovation in the digital finance space.

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