JPMorgan's blockchain division has partnered with eight major banks to enter the Middle East and North Africa region

ChainCatcher news, according to The Block, JPMorgan's blockchain division Kinexys (formerly Onyx) announced a partnership with eight major banks in the Middle East and North Africa (MENA), including Qatar National Bank, National Bank of Saudi Arabia, First Abu Dhabi Bank, Emirates NBD, Dubai Commercial Bank, and Bank ABC. A JPMorgan spokesperson did not disclose the names of the other two banks. These banks will adopt the Kinexys platform to enhance cross-border payments, fund management, and transaction efficiency.