“Can a permissioned blockchain settlement network become the global standard clearing rail for wholesale cross-border payments and FX settlement between financial institutions?”
Partior was founded as a joint venture by JPMorgan, DBS, and Temasek to modernize wholesale interbank settlement using a permissioned blockchain ledger. The platform targets the $120 billion annual cost of cross-border payment friction, offering 24/7 atomic settlement and FX Payment-versus-Payment (PvP) to financial institutions. Unlike retail embedded finance players, Partior operates as infrastructure for banks and financial institutions, with its embedded finance angle being the provision of settlement rails that institutions embed into their own payment propositions.