J.P. Morgan Taps Marex as Clearing Firm for Settlements on its Blockchain

The largest bank in the United States continues its stride into DeFi innovation with TradFi roots, marking a partnership with two financial institutions.

Improving Solid Foundations

Marex Group Plc, a publicly traded financial services company listed on the NASDAQ (MRX), made an announcement last week regarding a collaboration with Brevan Howard Digital (BHD), a digital asset management division, to leverage J.P. Morgan’s Kinexys Digital Payments system for reduced risk and more efficient payments.