TechFlow news, June 30, according to CoinPost, JPMorgan Chase's blockchain business unit Kinexys announced on June 29 that it added 5 currencies, including Australian Dollar (AUD), Hong Kong Dollar (HKD), Japanese Yen (JPY), Renminbi (RMB), and Singapore Dollar (SGD), to its Blockchain Deposit Account (BDA) network. Combined with the existing Euro, British Pound, and US Dollar, it supports a total of 8 currencies, becoming the platform supporting the most currency types in the global blockchain settlement and on-chain foreign exchange fields.
BDA operates on JPMorgan Chase's private blockchain, supporting 7x24-hour settlement and programmable payment functions. Japanese energy giant JERA Global Markets became the first enterprise to adopt the Japanese Yen BDA, used to optimize internal fund flow management and liquidity allocation within the group. Currently, Kinexys' cumulative transaction processing volume has exceeded $4 trillion, with a daily average transaction volume exceeding $7 billion.
