Kara Kennedy, co-director of Kinexys, the asset tokenization platform of American bank JP Morgan, revealed at Paris Blockchain Week on April 15, 2026 that the network of financial institutions, also known as Kinexys, processes approximately $5 billion in daily transactions of tokenized assets. Executives said this volume represents a mature production stage and not a simple technology experiment within the facility.
This recruitment is first explained as follows. Towards a transformation of the legal and operational framework in the United StatesPresident Kennedy said this in a speech at the event. According to the directive, the Trump administration’s regulatory advances have “opened greater awareness of the functional benefits of digital assets and heightened interest in the field.”
Institutional adoption is based not only on regulatory compliance but also on the technical advantages of virtual currency networks over traditional banking systems. Mr. Kennedy elaborated as follows:
The ability to interact with the 24/7 nature of the infrastructure, the transparency, the programmability and use it to drive process automation…that’s what’s unlocking this widespread interest in use cases within organizations right now.
Co-directed by Kara Kennedy, Kinexys.
With these advantages, This network of banks has managed to manage a cumulative transaction volume of approximately $3 trillion. A company executive said this has been the case ever since its launch. The platform, which was renamed from Onyx to Kinexys in 2024, is already operational at industrial scale. “Obviously we can’t compare to JPMorgan’s global operations, but there is room for growth,” Kennedy said.
The core of these operations is JPM Coin (JPMD), a token launched in 2025. This represents a deposit in dollars for instant transfer between institutions. Contrasting this tool with stablecoins, Kennedy He emphasized that the organization prioritizes this model because of its institutional rigor.: “For our institutional clients, the scale and certainty of a deposit token product is important. It gives them peace of mind that it is a bank deposit, and from a capital treatment and accounting perspective, it is like any other deposit.”
However, the flow of network millionaires is not limited to JPMD. It also consolidates the mobilization of participants in money market funds. (MMF). These products are primarily backed by U.S. Treasury securities and are used as guarantees and collateral in lending and derivatives operations. To manage this, banks use Tokenized Collateral Networks (TCNs). This is an infrastructure that allows ownership of these assets to be transferred instantly without moving the underlying securities.
To complement this architecture, JPMorgan implemented Kinexys Fund Flow, a solution designed to automate the distribution and servicing of alternative investment funds. this system Give managers and distributors a real-time, shared view of investor activity.Eliminates the need for manual adjustment. Under this unified vision, Kennedy predicts that these tools will “coexist with stablecoins and perhaps central bank digital currencies (CBDCs) in the future.”
In parallel with these predictions, the entity launched My OnChain Net Yield Fund (MONY) on the Ethereum network in December 2025, extending its presence to public networks, as reported by CriptoNoticias. Currently managing $101 million in total asset value, the product provides digital access to short-term debt instruments.
(Tag Translation) Cryptomonedas
