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Solana Foundation launches open-source DvP settlement tool with J.P. Morgan input

The Solana Foundation has launched Solana DvP, an open-source delivery-versus-payment settlement program developed with input from J.P. Morgan to enable atomic, seconds-fast trade execution for institutions.

Solana Foundation logo with yellow emblem and text against a black background.
Image: @CoinDesk

The Solana Foundation has introduced Solana DvP, an open-source delivery-versus-payment settlement program designed for institutional financial markets. Developed with advice and input from J.P. Morgan on securities settlement and institutional practices, the system enables the atomic exchange of assets and payments onchain, guaranteeing that both legs of a transaction execute together or not at all.[1][3][5][6][7]

Released under the MIT license, the escrow program offers standardized APIs that deliver isolated escrow and enforce deadlines. The architecture aims to cut settlement times from days down to seconds, reducing counterparty risk and accelerating transaction finality for tokenized asset trades. Additional privacy features for the program remain planned and were not part of the initial release.[1][2][4][7][8]

According to BSCN, the tool's rollout comes as financial giants including BlackRock and Kraken continue expanding tokenized financial products on the Solana network.[7]

Key facts

  • The Solana Foundation launched Solana DvP, an open-source delivery-versus-payment standard for institutional trade settlement.
  • J.P. Morgan provided input during the tool's design regarding institutional settlement practices and securities settlement.
  • Solana DvP performs atomic onchain settlements, completing asset and payment transfers simultaneously in seconds rather than days.
  • The program is published under an MIT license and provides standardized APIs, isolated escrow, and deadline enforcement.
  • Privacy features are planned for future iterations and were not included in the launch release.
  • The launch coincides with BlackRock and Kraken expanding tokenized financial offerings on Solana.

Sources 路 8 sources

  1. TB

    The Block@TheBlockCoPost on X 路

    THE BLOCK: Solana Foundation has launched an open-source delivery-versus-payment settlement program for financial institutions, with input from JPMorgan. Solana DvP enables atomic settlement of asset and payment transfers onchain, with both legs settling together or neither. https://t.co/80jV20Xl88

    Open source
  2. AI

    Analytics Insight@analyticsinmePost on X 路

    饾棪饾椉饾椆饾棶饾椈饾棶 饾棢饾棶饾槀饾椈饾棸饾椀饾棽饾榾 饾棫饾椏饾棶饾棻饾棽 饾棪饾棽饾榿饾榿饾椆饾棽饾椇饾棽饾椈饾榿 饾棧饾椏饾椉饾棿饾椏饾棶饾椇 饾槃饾椂饾榿饾椀 饾棟饾棧饾棤饾椉饾椏饾棿饾棶饾椈 饾棞饾椈饾椊饾槀饾榿 Solana Foundation has introduced Solana DvP, an open-source program designed to settle institutional trades in seconds. It transfers assets and payments together to reduce settlement risk. JPMorgan provided settlement advice, while privacy features remain planned. #Solana #SolanaDvP #JPMorgan #TokenizedAssets #Blockchain #AnalyticsInsight #AnalyticsInsightMagazine Read More 馃憞 https://t.co/yfDNfGzha3

    Open source
  3. DE

    DecryptArticle 路

    Solana Debuts Institutional Settlement Standard With J.P. Morgan Input Built with input from J.P. Morgan, the open-source "DvP" program lets institutions settle trades atomically on Solana with finality in seconds instead of days.

    Open source
  4. SO

    SolanaFloor@SolanaFloorPost on X 路

    馃毃JUST IN: @Solana Foundation has launched Solana DvP, an open source atomic settlement program for financial institutions, developed with input from J.P. Morgan. DvP enables assets and payments to settle simultaneously on Solana in seconds. https://t.co/9v1cp9IQIV

    Open source
  5. TW

    The Wolf Of All Streets@scottmelkerPost on X 路

    NEW: SOLANA $SOL FOUNDATION LAUNCHES SOLANA DVP, AN OPEN-SOURCE ATOMIC DELIVERY-VERSUS-PAYMENT STANDARD FOR INSTITUTIONS, WITH INPUT FROM J.P. MORGAN ON SECURITIES SETTLEMENT

    Open source
  6. CO

    CoinDesk@CoinDeskPost on X 路

    NEW: The @SolanaFndn launches Solana DvP, an open-source atomic settlement standard for institutional tokenized asset trades reducing settlement from days to seconds, with @JPMorgan providing input on institutional settlement practices. https://t.co/k5R1HvoYro

    Open source
  7. BS

    BSCN@BSCNewsPost on X 路

    Solana And JP Morgan Take Aim at Faster Institutional Settlement The Solana (@solana) Foundation has launched an open source settlement tool designed for institutional financial markets. Solana DvP uses standardized APIs to let institutions exchange assets and payments simultaneously. J.P. Morgan provided input on institutional settlement practices during the tool鈥檚 design. The foundation says transactions can reach finality in seconds rather than traditional settlement periods. The launch comes as BlackRock and Kraken expand tokenized financial products on Solana.

    Open source
  8. CB

    Crypto BriefingArticle 路

    Solana launches open-source DvP program for institutional trade settlement Solana's DvP program could revolutionize institutional trade settlement by reducing counterparty risk and accelerating transaction finality. The post Solana launches open-source DvP program for institutional trade settlement appeared first on Crypto Briefing .

    Open source