BMW Deploys JPMorgan Kinexys Blockchain to Automate FX and Accelerate Cross-Border Payments Using Cryptocurrency Tech

COINOTAG News, citing Bloomberg, reports that BMW Group has begun using a blockchain-based system to automate part of its foreign exchange transactions. The move signals an ongoing shift by corporates to leverage distributed-ledger technology to speed up and simplify multibillion-dollar cross-border payments workflows, reducing settlement latency and manual intervention.

It runs on JPMorgan Chase & Co.’s Kinexys platform. The auto-reallocation logic triggers when BMW’s New York USD balance falls below a preset threshold, shifting euros from the Frankfurt account to maintain liquidity and minimize FX exposure.

This deployment illustrates how enterprises are adopting blockchain-enabled liquidity management tools to enhance treasury operations, reduce settlement risk, and preserve capital amid FX volatility.