The program aims to establish a technical standard for institutional on-chain settlement. By collaborating with JPMorgan on the design, the Solana Foundation integrated established institutional settlement practices into the open-source framework to facilitate adoption by banks and other financial entities.
Wednesday, October 21, 2026
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Solana Launches Asset Settlement Standard to Cut Trade Times to Seconds
Crypto15 days ago
The Solana Foundation has introduced an open-source delivery-versus-payment (DvP) program designed for financial institutions to trade tokenized assets. Developed with input from JPMorgan, the Solana DvP system uses atomic settlement to ensure that asset and payment transfers occur simultaneously or not at all, which reduces the time required to finalize trades from days to seconds.
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