CMC Markets says Kinexys by J.P. Morgan blockchain settlement capability is live
CMC Markets announced a collaboration with Kinexys by J.P. Morgan to use Kinexys Digital Payments for near real-time blockchain-based settlement. CMC said cash transfers are already taking place on the system after successful testing, giving it 24/7 instant settlement, and that it expects lower settlement risk, operational friction and liquidity requirements.
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- CMC Markets Group