Singapore/London, 29 June 2026 – JERA Global Markets Pte. Ltd. (“JERA Global Markets”), a leading utility-backed global energy trader and optimiser, has become the first to leverage the Japanese Yen (JPY)-denominated Blockchain Deposit Account (BDA) launched by Kinexys by J.P. Morgan, the firm’s industry-leading blockchain business unit.

The initiative supports JERA Global Markets’ ongoing efforts to enhance treasury efficiency and liquidity management across its global trading platform, enabling the movement of funds on a 24/7 basis beyond traditional market cut-off times. The JPY-denominated BDA forms part of Kinexys by J.P. Morgan’s broader expansion of its blockchain-based payments infrastructure across five Asia-Pacific currencies: Australian Dollar (AUD), Hong Kong Dollar (HKD), Japanese Yen (JPY), Renminbi (RMB) and Singapore Dollar (SGD). The expanded BDA network enables institutional clients of Kinexys by J.P. Morgan to move funds and execute onchain FX across AUD, EUR, GBP, HKD, JPY, RMB, SGD and USD, while leveraging programmable payment capabilities to automate treasury and liquidity management processes.

As one of the world’s leading seaborne energy trading businesses, JERA Global Markets operates across major energy and financial markets in Asia and Europe, managing commercial activity continuously across commodities, counterparties and time zones.

Siang-Chee Chew, Senior Vice President, Finance & Treasury at JERA Global Markets, said, “As a global energy trader operating across commodities, markets and time zones, efficient and resilient treasury infrastructure is critical to supporting our global business and operations. The ability to move JPY on an always-on basis is an important step in modernising treasury flows across our businesses. This initiative supports our focus on operational agility, liquidity optimisation and seamless capital mobility across our global trading platform.”

Since inception, Kinexys by J.P. Morgan, part of J.P. Morgan Payments, has processed more than US$3 trillion in transaction volume, with average daily transaction volumes exceeding US$7 billion.

Akshika Gupta, Global Head of Product Sales and Solutions at Kinexys by J.P. Morgan, said: “We’re proud to be at the forefront of helping global businesses unlock the strategic benefits of 24/7/365 onchain settlement and FX as well as programmable payments. The addition of five new Asia-Pacific currencies to the Kinexys Blockchain Deposit Account network demonstrates our commitment to building blockchain infrastructure that enables businesses to modernize their treasury management for today’s always-on, dynamic global market. We’re excited to continue working with JERA Global Markets and others to realize the future of financial services.”
 

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About JERA Global Markets

JERA Global Markets (JERAGM) is a leading utility-backed energy trader.  A joint venture between two of the world’s major utilities JERA Co., Inc. and EDF Trading Ltd, JERAGM is the exclusive trading and optimisation platform for majority shareholder, JERA. JERAGM operates one of the most exciting energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. Headquartered in Singapore, JERAGM has a global talent pool of about 400 people across offices located in five strategic locations: Singapore, Japan (Tokyo), the UK (London), the US (Houston) and Australia (Brisbane). JERA Global Markets Pte. Ltd.  is strongly capitalised with over US$500 million in paid up capital and has retained its AA- Stable rating from R&I, attributable to a robust business model and solid financial base. JERAGM has a total equity of US$3 billion (as of 1 April 2026). For more information, visit www.jeragm.com.