Kinexys by J.P. Morgan, the firm’s industry-leading blockchain business unit, has been a global provider of blockchain-based financial infrastructure since 2015, transforming how money, information and assets move around the world. Processing more than $3 trillion in transactions since inception and averaging more than $5 billion daily, Kinexys is innovating the development of financial infrastructure.

In the last six months alone, Kinexys by J.P. Morgan continues to achieve significant milestones, including:

• Bringing institutional finance onchain, marking a significant, tangible step forward in the evolution of digital money. Following a successful proof-of-concept, J.P. Morgan’s USD-denominated deposit token JPM Coin (ticker: JPMD) became available for J.P. Morgan’s institutional clients’ use on Base, the Ethereum Layer 2 blockchain built within Coinbase.
• Launching Kinexys Fund Flow, a new solution that collects, harmonizes and records investor register and transactional data on the Kinexys Digital Assets private, permissioned blockchain network, commencing the first transaction with J.P. Morgan Private Bank, J.P. Morgan Asset Management and Citco.
• Expanding reach of Kinexys Digital Payments by working with BMW Group, FirstRand Bank and Mitsubishi Corporation for programmable payments and B2C2 and Siemens for onchain FX blockchain payments.
• Winning Gold in the Banking Category at the inaugural The Money Awards at Money20/20 USA 2025, the leading fintech event for the payments industry.

Most recently, Oliver (Oli) Harris joined the firm as Head of Kinexys by J.P. Morgan, focused on advancing Kinexys with particular emphasis on commercialization and deepening engagement with institutional clients. He will expand the firm's blockchain-based settlement infrastructure and tokenization capabilities, strengthen partnerships across public and private networks, and drive innovation at the intersection of traditional finance and digital assets. Kara Kennedy will now serve as Global Head of Market Development, reporting to Oli.

Oli brings more than 15 years of global leadership experience across institutional finance, digital assets, and emerging technologies. Most recently, he led Digital Assets, Americas at Goldman Sachs. Prior to that, he spent six years at J.P. Morgan, where he served as head of digital strategy for the CIB, helped shape the firm's digital assets strategy, led the development and commercialization of Quorum, the enterprise Ethereum platform, and served as head of strategy for the International Consumer Bank.

You can learn more about the Kinexys business and the colleagues behind it through our Pay It Forward podcast in episode 8, Inside Kinexys: Building the blockchain infrastructure powering J.P. Morgan.

For a primer on key terms and concepts in the blockchain and digital assets space, check out our Blockchain 101 glossary here.