Japanese Conglomerate Partners with Wall Street Giant on Revolutionary Digital Transaction Platform
Mitsubishi Corporation, a Japanese trading company, has joined Kinexys Digital Payments, a blockchain-based payment network operated by JPMorgan Chase. Kinexys uses a private blockchain — a distributed ledger accessible only to approved participants — to move funds between corporate accounts. Mitsubishi is the first Japanese company to use the service, according to reporting by Nikkei Asia published on 30 March 2026.
Initial transfers run across three citiesMitsubishi plans to use Kinexys to transfer US dollars between its subsidiaries in Singapore, London, and New York. The service runs around the clock, seven days a week, unlike traditional interbank payment systems, which operate only during business hours. The initial scope covers routine treasury operations — the internal movement of funds between a company's own offices.
Platform processes $7 billion per dayKinexys currently handles an average of $7 billion in daily transactions. JPMorgan has set a target of $10 billion per day. The network has processed more than $3 trillion in cumulative volume since its launch in 2020. Other institutional clients on the platform include Siemens AG, asset manager Brevan Howard Digital, BlackRock, and the London Stock Exchange Group (LSEG).
"large institutions across different client segments, such as Siemens AG, Brevan Howard Digital, BlackRock and LSEG", 31 March 2026. — Katja Lehr, Kinexys Executive, JPMorgan
Adoption extends across institutional client segmentsKinexys serves corporations, financial institutions, and asset managers. The Mitsubishi deal marks the network's entry into Japan's corporate sector. The company conducts cross-border business across multiple industries, making international fund transfers a routine operational requirement. Mitsubishi plans to use Kinexys to transfer US dollars between its subsidiaries in Singapore, London, and New York. The service runs around the clock, seven days a week, unlike traditional interbank payment systems, which operate only during business hours. The initial scope covers routine treasury operations — the internal movement of funds between a company's own offices.
Platform processes $7 billion per dayKinexys currently handles an average of $7 billion in daily transactions. JPMorgan has set a target of $10 billion per day. The network has processed more than $3 trillion in cumulative volume since its launch in 2020. Other institutional clients on the platform include Siemens AG, asset manager Brevan Howard Digital, BlackRock, and the London Stock Exchange Group (LSEG).
"large institutions across different client segments, such as Siemens AG, Brevan Howard Digital, BlackRock and LSEG", 31 March 2026. — Katja Lehr, Kinexys Executive, JPMorgan
Adoption extends across institutional client segmentsKinexys serves corporations, financial institutions, and asset managers. The Mitsubishi deal marks the network's entry into Japan's corporate sector. The company conducts cross-border business across multiple industries, making international fund transfers a routine operational requirement. Kinexys currently handles an average of $7 billion in daily transactions. JPMorgan has set a target of $10 billion per day. The network has processed more than $3 trillion in cumulative volume since its launch in 2020. Other institutional clients on the platform include Siemens AG, asset manager Brevan Howard Digital, BlackRock, and the London Stock Exchange Group (LSEG).
"large institutions across different client segments, such as Siemens AG, Brevan Howard Digital, BlackRock and LSEG", 31 March 2026. — Katja Lehr, Kinexys Executive, JPMorgan
Adoption extends across institutional client segmentsKinexys serves corporations, financial institutions, and asset managers. The Mitsubishi deal marks the network's entry into Japan's corporate sector. The company conducts cross-border business across multiple industries, making international fund transfers a routine operational requirement. "large institutions across different client segments, such as Siemens AG, Brevan Howard Digital, BlackRock and LSEG", 31 March 2026. — Katja Lehr, Kinexys Executive, JPMorgan
Adoption extends across institutional client segmentsKinexys serves corporations, financial institutions, and asset managers. The Mitsubishi deal marks the network's entry into Japan's corporate sector. The company conducts cross-border business across multiple industries, making international fund transfers a routine operational requirement. Adoption extends across institutional client segmentsKinexys serves corporations, financial institutions, and asset managers. The Mitsubishi deal marks the network's entry into Japan's corporate sector. The company conducts cross-border business across multiple industries, making international fund transfers a routine operational requirement. Kinexys serves corporations, financial institutions, and asset managers. The Mitsubishi deal marks the network's entry into Japan's corporate sector. The company conducts cross-border business across multiple industries, making international fund transfers a routine operational requirement. Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment. All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions. Coinpaprika is not liable for any losses resulting from the use of this information.