Mastercard’s tokenized asset transfer system MTN integrates with JPMorgan’s digital asset platform Kinexys
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Techub News reported that according to Coindesk, Mastercard has integrated its blockchain-based tokenized asset transfer system Multi-Token Network (MTN) with JPMorgan Chase's recently renamed digital asset platform Kinexys (formerly Onyx), allowing joint clients of MTN and Kinexys to settle B2B transactions through a single API. Both parties stated that this collaboration aims to strengthen cross-border B2B payments, "providing greater transparency and faster settlement, and reducing time zone friction".
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