Deployments · Kinexys Digital Assets · platform by J.P. Morgan

Kinexys Fund FlowUpdated 14 Oct 2026

A J.P. Morgan service that tokenises interests in alternative funds and records investor registers and transactions on the Kinexys permissioned ledger, with capital calls and distributions paid near-instantly through blockchain deposit accounts instead of wires. The first transaction, in a J.P. Morgan Asset Management private equity fund offered to Private Bank clients with Citco as administrator, ran in October 2025; a broader rollout was planned for early 2026.

Live (limited) since 30 Oct 2025^[3]i — Private Bank clients only at launch; a broad rollout was expected in early 2026 but no evidence of it was found by October 2026. · Reviewed 13d ago i

Assets

Fund interest^[2]

Interests in a private equity fund

Networks

Kinexys Private, permissioned^[2][1]

Use cases i

Fund subscription and redemption^[3]Delivery versus payment (DvP)^[3]Programmable payments^[1]

Jurisdictions

United States

Participants

• J.P. MorganPlatform provider, Operator, Technology provider, Asset manager, Distributor, Cash leg provider^[3]United States
• CitcoTransfer agent or registrar^[2][1]Cayman Islands

Timeline

1. Happened 30 Oct 2025 · First transaction · recorded 11 Oct 2026
   First transaction on Kinexys Fund Flow tokenises a J.P. Morgan private equity fund for Private Bank clients, with Citco as administrator.^[2][1]

Sources i