Bridging services · run by DBS
DBS–Kinexys tokenised deposit interoperability frameworkNew
A framework DBS and J.P. Morgan's Kinexys said in November 2025 they were developing so that tokenised deposits can move and be exchanged between DBS Token Services and Kinexys Digital Payments, across public and permissioned blockchains, with each bank's tokens treated as equal in value. Their example is a J.P. Morgan client paying a DBS client in JPMD on Base, which the recipient redeems or swaps through DBS Token Services. Run jointly by the two banks (recorded as consortium-run); DBS published the announcement, so it is the recorded operator. The technical mechanism has not been described; message passing is a placeholder. No transfer reported.
How it works: Message passing · Trust: Consortium · Website
Networks supported 2
From the service's own documentation. Networks not yet in the register are left out.
Deployments using it 2
| Deployment | Status | Assets | Use cases | Last reviewed |
|---|---|---|---|---|
| Kinexys Digital Payments (blockchain deposit accounts)Updated 8 Nov 2026 Kinexys Digital Payments | Live (scaled) | Reviewed 11d ago | ||
| DBS Token ServicesUpdated 7 Nov 2026 DBS | Live (limited) | Reviewed 13d ago |
Dated connections
- DBS Token Services ledger↔KinexysAnnounced since 2025-11-11 · planned
Sources
- [1]DBS and Kinexys by J.P. Morgan to develop framework for interbank tokenised deposit transfers across multiple blockchains — DBS, 11 Nov 2025. Accessed 14 Oct 2026.B