01The announcement: five more currencies
Australian dollar tokenised deposit.
Hong Kong dollar tokenised deposit.
Yen tokenised deposit.
Renminbi tokenised deposit.
Singapore dollar tokenised deposit.
With this expansion, Kinexys Digital Payments covers the main Asia-Pacific currencies. Early adopters are already live: Payoneer for the Australian dollar, JERA Global Markets for the yen.
02Why it is a turning point
The point is no longer to prove that a payment can be tokenised. It is to offer treasurers real-time, programmable, multi-currency cash pooling, deployed as production infrastructure. For a multinational, it promises liquidity that can be mobilised continuously across entities and currencies, without depending on local payment system hours.
The real question: which banks will still be relevant when on-chain treasury becomes the new standard?OpenbanQ Insight
For European transaction banks, the challenge is to define their position on the money layer (tokenised deposit, regulated stablecoin, central bank money) before large multinational corporates equip themselves elsewhere.
Sources : J.P. Morgan Kinexys, June 2026 announcement; OpenbanQ analysis.