BMW Leverages JPMorgan’s Blockchain to Speed Up Global Payment Operations
Jakarta, Pintu News – According to CoinSpeaker, BMW AG has partnered with JPMorgan to implement blockchain technology in their global payment system. Through JPMorgan’s Kinexys network, BMW can now transfer funds between accounts automatically and quickly.
This innovation is expected to speed up the transfer process that usually takes several days to just a few seconds.
BMW AG Adopts JPMorgan Blockchain System
BMW AG has adopted a new system from JPMorgan that uses blockchain technology to handle some of its foreign exchange transfers. The company now utilizes the Kinexys network to transfer funds between its accounts when balances fall below a predetermined limit.
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The new arrangement replaces slow manual processes with automated transfers that can be made at any time, even outside of bank hours. The German carmaker aims to reduce the need for reserve funds and keep its global operations running smoothly without time constraints.
According to a report from Bloomberg, JPMorgan stated that this system allows funds to move in just seconds. In the previous system, a similar process had to wait for regular bank hours and could take up to several days.
“They want to automate some of the work of the corporate finance division and explore how artificial intelligence can help manage cash and liquidity across their global operations,” the Bloomberg report said.
Kinexys Expands its Role in Finance
Kinexys began operations in 2019 and now supports the transfer of billions of dollars every day. While this is still below traditional payment channels, the blockchain platform is already being used by major corporations.
Last October, J.P. Morgan Private Bank, J.P. Morgan Asset Management, and Citco announced the first transactions using Kinexys’ new solution. BMW’s decision to join further strengthens JPMorgan’s growing blockchain adoption.
In a press release, JPMorgan explained that the Kinexys Fund Flow solution collects and stores investor and fund data in a private network. The system provides clearer insights into fund activity and supports faster money movement.
Smart contracts and simple automated rules allow funds to be transferred without the usualwire transfer process and manual checks.
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Tokenization Opens New Pathways for Investors
JPMorgan is looking to provide easier access to alternative assets through the process of tokenization. The company has already placed aprivate equity fund on its blockchain platform for their private banking clients.
Tokenization means that records of asset ownership are recorded in ashared ledger. This allows all parties to have the same view of who owns what assets and which payments have been settled.
The bank expects the approach to reduce surprises related tocapital calls and help investors to better monitor their commitments.
In addition, JPMorgan also plans to allow institutions to use Bitcoin and Ethereum as loan collateral by the end of 2025.
The assets will be secured by a third-party custodian. Previous reports also mentioned that JPMorgan intends to allow clients to use crypto ETFs as collateral.
FAQ
What is the Kinexys network?
The Kinexys network is a blockchain platform developed by JPMorgan, used to speed up and automate payments and fund transfers between accounts.
How does tokenization work in this context?
Tokenization in this context means recording asset ownership in a shared ledger, which allows all relevant parties to view ownership information and payment status in real-time.
When does JPMorgan plan to allow the use of Bitcoin (BTC) and Ethereum (ETH) as collateral?
JPMorgan plans to allow the use of Bitcoin (BTC) and Ethereum (ETH) as collateral for loans by the end of 2025.
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Reference:
- Coinspeaker. BMW Taps JPMorgan’s Blockchain to Supercharge Global Payments. Accessed on December 11, 2025
- The Crypto Times. BMW Adopts JPMorgan’s Kinexys Blockchain for FX Automation. Accessed on December 11, 2025
