LSEG’s SwapAgent and Trafigura First to Open GBP-denominated Blockchain Deposit Accounts from Kinexys by J.P. Morgan
April 14 2025
Kinexys by J.P. Morgan, the firm’s blockchain business unit, has launched GBP-denominated Blockchain Deposit Accounts on Kinexys Digital Payments in J.P. Morgan Chase Bank, N.A.’s London branch – one of the first blockchain products of its kind in the UK. SwapAgent Ltd (“SwapAgent”), an LSEG Post Trade Solutions business, and Trafigura will be the first clients to open London accounts on the platform, marking the first time in the UK that companies will actively be using blockchain accounts for 24/7 real-time payments and cross-border transactions.