JPMorgan Kinexys collaborates with eight banks in the Middle East and North Africa on Blockchain.

GateNews

According to the Gate.io News bot, TheBlock reported that JPMorgan’s blockchain division Kinexys (formerly Onyx) has signed a cooperation protocol with eight banks in the Middle East and North Africa (MENA). The cooperating banks include Qatar National Bank, Saudi National Bank, First Abu Dhabi Bank, UAE NBD Bank, Dubai Commercial Bank, Bank ABC, and two banks whose names have not been disclosed.

According to the protocol, these eight banks will deploy the Kinexys platform to optimize cross-border payments, fund management, and transaction operations.

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