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Nuwan Liyanage

CMC Markets Launches Blockchain Settlements via JPMorgan Kinexys on March 06, 2026

On March 06, 2026, CMC Markets began using JPMorgan's Kinexys platform to enable blockchain-based settlements and 24/7 payments. The system leverages Blockchain Deposit Accounts on the Base public blockchain and supports cross-border transfers in multiple currencies, while CMC's CEO reports the platform is already live and enhancing capital efficiency. This move positions the broker among the early retail adopters of bank-grade blockchain rails, potentially pressuring competitors to modernize their own settlement infrastructure.