According to Bloomberg, Naveen Mallela, the Global Co-Head of JPMorgan's blockchain division, has announced his departure from the bank, ending his tenure of over a decade. In 2024, Mallela was appointed as the Global Co-Head of the Kinexys division, which focuses on developing products and services in areas like payments using blockchain technology. JPMorgan has confirmed his departure and stated that a new head will be appointed soon. Launched in 2019, JPMorgan's blockchain-based payment network Kinexys processes $5 billion in daily transactions, aiming to provide 24/7 payment services and partial automation of forex transactions for corporate clients. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56612