KB Kookmin Bank to Launch JPMorgan Kinexys Cross-Border Payment Service

South Korea’s KB Kookmin Bank will launch a blockchain-based cross-border payment service using JPMorgan’s Kinexys platform for US dollar settlements across 10 countries.

KB Kookmin Bank to Launch JPMorgan Kinexys Cross-Border Payment Service

DOGE

$0.07319

3.30%

TRX

$0.3327

0.86%

LINK

$8.52

1.82%

ZEC

$493.55

3.06%

ADA

$0.1652

0.40%

XRP

$1.10

0.60%

ETH

$1,906.46

2.03%

BTC

$64,741.13

0.81%

XMR

$359.62

1.73%

BNB

$573.53

1.08%

XLM

$0.1791

0.38%

SOL

$75.16

1.31%

HYPE

$59.09

2.23%

Written by

Yohan Yun

staff editor

Reviewed by

Robert Lakin

staff editor

Written by

Yohan Yun

staff editor

Reviewed by

Robert Lakin

staff editor

South Korea’s largest bank to launch payment service on JPMorgan’s Kinexys

Latest News

Published

Jul 26, 2026

KB Kookmin Bank will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries.

South Korea’s KB Kookmin Bank will launch a blockchain-based cross-border payment service for import and export businesses in August using JPMorgan’s Kinexys network, according to multiple local media reports.

Kinexys, formerly known as Onyx, is JPMorgan’s blockchain platform for institutional payments, tokenization and digital assets.

The service will initially support US dollar transfers across 10 countries, including the US, Singapore, Saudi Arabia and the United Arab Emirates.

According to Yonhap, it will

integrate

with the existing SWIFT payment network for near-instant cross-border payments and foreign exchange settlement.

In an April research report, S&P Global

ranked

KB Financial Group, the parent of KB Kookmin Bank, as South Korea’s largest lender by assets. The group is also listed as the 28th-largest bank in the Asia-Pacific region, with $552.76 billion in total assets.

Related:

North Korea arrests bank hacking ring tied to crypto laundering: Report

Subscribe to daily byte-sized crypto news from Cointelegraph

Subscribe

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s

Editorial Policy

and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

South Korea

JPMorgan Chase

Institutions

Banking

Banks

Blockchain

More on the subject

Dango’s perp DEX taps out nearly 4 months after launch

Jul 25, 2026

Yohan Yun

RWAs become Hyperliquid’s largest trading category

Jul 24, 2026

Zoltan Vardai

Brazil puts tokenized cows to work as loan collateral: Report

Jul 24, 2026

Zoltan Vardai

Dango’s perp DEX taps out nearly 4 months after launch

Jul 25, 2026

Yohan Yun

RWAs become Hyperliquid’s largest trading category

Jul 24, 2026

Zoltan Vardai

Brazil puts tokenized cows to work as loan collateral: Report

Jul 24, 2026

Zoltan Vardai