Siemens and B2C2 Turn to JPMorgan's Blockchain for FX Payment Processing

Crypto Economy neutral
Siemens and B2C2 Turn to JPMorgan's Blockchain for FX Payment Processing

Cryptocurrency market maker B2C2 and industrial giant Siemens are using Kinexys, JPMorgan's blockchain network, to improve their financial operations. Thomas Restout, CEO of B2C2, stated that the integration “provides the ability to move cash 24/7, seamlessly,” optimizing risk management, especially during weekend volatility.

Article Summary

**Siemens and B2C2 Leverage JPMorgan's Blockchain Network for Revolutionary FX Payment Processing** Major corporations Siemens and cryptocurrency market maker B2C2 have successfully integrated JPMorgan's Kinexys blockchain network to transform their foreign exchange payment operations. This strategic implementation marks a significant milestone in institutional blockchain adoption, demonstrating how traditional finance and cryptocurrency infrastructure are converging. B2C2 CEO Thomas Restout highlighted the game-changing capabilities, emphasizing that Kinexys "provides the ability to move cash 24/7, seamlessly," addressing critical pain points in traditional banking systems. This blockchain-powered solution optimizes risk management protocols, particularly during volatile weekend trading periods when conventional banking services remain closed. The partnership showcases growing institutional confidence in blockchain technology for enterprise-level financial operations. By utilizing JPMorgan's established cryptocurrency infrastructure, both companies can execute cross-border transactions with enhanced speed, transparency, and cost-efficiency compared to legacy payment systems. This development signals broader DeFi integration trends among Fortune 500 companies, potentially influencing Bitcoin and cryptocurrency market dynamics. The collaboration between industrial giant Siemens and crypto specialist B2C2 demonstrates blockchain's expanding role in mainstream financial services, paving the way for increased institutional cryptocurrency adoption.

Article Details

Source
Crypto Economy
Published
October 22, 2025 at 12:49 PM
Sentiment
neutral
Type
Article
Category
bitcoin
Topics
MarketTechnology

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