{"id":600,"date":"2026-10-06T14:42:27","date_gmt":"2026-10-06T14:42:27","guid":{"rendered":"https:\/\/1stblock.info\/?p=600"},"modified":"2026-10-06T14:42:28","modified_gmt":"2026-10-06T14:42:28","slug":"solana-foundation-launches-open-source-dvp-settlement-program-with-jpmorgan-input","status":"publish","type":"post","link":"https:\/\/1stblock.info\/?p=600","title":{"rendered":"Solana Foundation launches open-source DvP settlement program with JPMorgan input"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Solana Foundation has released Solana DvP, an open-source delivery-versus-payment program that lets financial institutions settle trades on Solana&#8217;s public blockchain with finality in seconds, <em>according to CoinDesk<\/em>. JPMorgan provided input on institutional settlement requirements during development.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Delivery-versus-payment means the asset and the cash leg move in one atomic transaction: either both transfer or neither does. This removes the risk that one side delivers while the other defaults. In traditional securities markets, settlement typically takes <strong>one to two days<\/strong>. Until now, institutions settling on-chain have generally commissioned bespoke smart contracts for each deal. Solana DvP replaces those one-off builds with a shared escrow program and a standard API. The code is released under the MIT license, supports both the SPL Token and Token-2022 standards, and has passed external security audits. The foundation says it is ready to handle real funds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">JPMorgan&#8217;s role was advisory. The bank contributed securities-settlement expertise, including requirements around escrow, deadlines and regulated-token features, which often carry transfer restrictions that infrastructure must respect. Rhodel D&#8217;souza, head of markets digital assets at JPMorgan, called an open standard for atomic DvP &#8220;exactly the kind of foundational infrastructure&#8221; institutions need to operate at scale. Catherine Gu, head of product for digital assets at the Solana Foundation, framed it as a single standard across the ecosystem built on public infrastructure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The launch adds to existing institutional activity on the network, including a commercial paper issuance for Galaxy Digital that settled in <strong>USDC<\/strong>. It also enters a crowded field. JPMorgan&#8217;s own Kinexys platform has piloted cross-chain DvP with Ondo Finance, and ClearToken introduced a permissioned version on Canton Network. Solana is positioning its program as an open, permissionless alternative that any firm can inspect and adapt without licensing fees.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The foundation plans to add privacy features, a common requirement for institutional desks reluctant to expose positions on a public ledger. <strong>SOL<\/strong> traded near <strong>$120<\/strong> on Tuesday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Adoption, not the code itself, will determine the impact. The program&#8217;s value depends on how many issuers and custodians standardize on it instead of building proprietary rails.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Solana Foundation has released Solana DvP, an open-source delivery-versus-payment program that lets financial institutions settle trades on<\/p>\n","protected":false},"author":2,"featured_media":601,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=600"}],"version-history":[{"count":1,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/600\/revisions"}],"predecessor-version":[{"id":602,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/600\/revisions\/602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/media\/601"}],"wp:attachment":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}