JPMorgan Taps New Global Co-Head to Lead Blockchain Arm Kinexys

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Blockchain

JPMorgan

Kennedy’s appointment reflects a broader shift as global banks ramp up blockchain pilots and hire seasoned leaders, spurred by new US rules on stablecoins and tokenized deposits.

Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

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August 7, 2025

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JPMorgan Chase has named Kara Kennedy as the new global co-head of Kinexys, the bank’s blockchain-focused division, deepening its investment in digital asset infrastructure as regulatory clarity improves in the US.

Bloomberg reported Wednesday that Kennedy, who is based in Edinburgh, will oversee Kinexys Digital Assets and Kinexys Labs, two units that focus on asset tokenization and blockchain project development, respectively.

She will lead the division alongside Naveen Mallela, who remains in Singapore and will continue to manage the payments side, including Kinexys Digital Payments and Kinexys Liink.

Before stepping into her new role, Kennedy led digital asset product strategy for JPMorgan’s securities services business. She brings a background in navigating institutional blockchain adoption and will now take the reins at a time when the bank is expanding its pilot programs...

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