JPMorgan’s Kinexys Tops $3 Trillion in Processed Volume as Tokenized Treasury Funds Grow

JPMorgan’s Kinexys has processed more than $3 trillion as banks increasingly use blockchain-based rails to serve institutional clients. According to NS3.AI, BlackRock’s BUIDL fund holds approximately $2.4 billion, making it the largest tokenized U.S. Treasury fund in existence. The figures highlight continued adoption of blockchain infrastructure by major financial institutions and growing assets in tokenized Treasury products.