Solana Foundation unveils a program to settle institutional trades in seconds. JPMorgan gave input
Solana Foundation launched an open-source program that lets institutions settle trades in seconds, not days. JPMorgan provided key inputs.
Make preferred on
Share this article
Summary
- The Solana Foundation introduced Solana DvP, an open-source program that settles asset and payment transfers together on-chain within seconds, reducing counterparty risk.
- The externally audited standard aims to replace institutions’ custom settlement contracts and support the growth of tokenized assets across Solana.
- JPMorgan contributed settlement expertise to the project, while the foundation plans to add privacy features sought by institutional market participants.
