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  "slug": "fintech/wholesale-settlement-network-matrix",
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  "url": "https://finwiki.zksc.io/ja/fintech/wholesale-settlement-network-matrix/",
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  "domain": "fintech",
  "title": "Wholesale settlement network comparison matrix — Fnality / Partior / JPM Kinexys / mBridge / Agorá / Mariana",
  "entry_type": "wiki_entry",
  "frontmatter": {
    "title": "Wholesale settlement network comparison matrix — Fnality fnPS / Partior / JPM Kinexys / mBridge / Project Agorá / Project Mariana",
    "aliases": [
      "wholesale-settlement-network-matrix",
      "wholesale settlement six-way matrix",
      "Fnality vs Partior vs Kinexys",
      "mBridge vs Agora vs Mariana",
      "central-bank-reserve vs commercial-deposit settlement matrix",
      "wholesale CBDC vs deposit-token matrix"
    ],
    "domain": "fintech",
    "type": null,
    "created": "2026-05-25",
    "last_updated": "2026-07-30",
    "last_tended": "2026-07-30",
    "review_by": "2026-10-27",
    "confidence": "likely",
    "tags": [
      "fintech",
      "wholesale-settlement",
      "cbdc",
      "deposit-token",
      "matrix",
      "comparison",
      "fnality",
      "partior",
      "jpmorgan",
      "kinexys",
      "mbridge",
      "agora",
      "mariana",
      "central-bank-money",
      "commercial-bank-money"
    ],
    "status": "active",
    "canonical_anchor": null,
    "related": [],
    "note": null,
    "sources": [
      "https://www.fnality.org/",
      "https://www.bankofengland.co.uk/news/2023/november/boe-statement-on-fnality",
      "https://www.partior.com/",
      "https://www.mas.gov.sg/news/media-releases/2021/partior-launch",
      "https://www.jpmorgan.com/kinexys",
      "https://www.jpmorgan.com/insights/payments/blockchain-digital-assets/introducing-kinexys",
      "https://www.bis.org/about/bisih/topics/cbdc/mcbdc_bridge.htm",
      "https://www.bis.org/about/bisih/topics/fmis/agora.htm",
      "https://www.bis.org/about/bisih/topics/cbdc/mariana.htm",
      "https://www.bankofengland.co.uk/financial-stability/financial-market-infrastructure-supervision/report/fmi-annual-report-2025-26"
    ]
  },
  "summary": "This entry sits under fintech index as the six-way side-by-side comparison matrix for the most-cited wholesale settlement networks. It complements the per-network deep dives at Fnality fnPS, Partior, JPM Onyx / Kinexys, mBridge, and BIS Project Agorá. For the governance pattern see 多大银行联邦治理; for the",
  "headings": [
    "Wholesale settlement network comparison matrix — Fnality / Partior / JPM Kinexys / mBridge / Agorá / Mariana",
    "Wiki route",
    "Why a six-way comparison",
    "Matrix A · Settlement asset and finality",
    "Matrix B · Consortium membership",
    "Matrix C · Disclosed currency scope",
    "Matrix D · Publicly disclosed volume and cumulative scale",
    "Matrix E · Regulatory status and central-bank backing",
    "Matrix F · Technology stack",
    "Matrix G · Cross-border PvP / DvP capability"
  ],
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      "INDEX",
      "fintech/INDEX",
      "fintech/bis-project-agora-overview",
      "fintech/bis-project-agora-overview\\",
      "fintech/blackrock-buidl-tokenized-mmf-overview",
      "fintech/cbdc-multi-tier-architecture-overview",
      "fintech/central-banking-function-unbundling",
      "fintech/circle-usdc-stablecoin",
      "fintech/fnality-wholesale-settlement",
      "fintech/fnality-wholesale-settlement\\",
      "fintech/institutional-stablecoin-deposit-token-thesis",
      "fintech/jpm-onyx-wholesale-network",
      "fintech/jpm-onyx-wholesale-network\\",
      "fintech/jpmorgan-jpmd-coin",
      "fintech/mbridge-bis-multi-cbdc-overview",
      "fintech/mbridge-bis-multi-cbdc-overview\\",
      "fintech/multi-megabank-consortium-governance",
      "fintech/partior-jpm-dbs-temasek-consortium",
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