Solana Foundation launches DvP standard with J.P. Morgan input

  • Solana Foundation launched the open-source Solana DvP standard with J.P. Morgan advisory input.
  • Solana held a 19.3% share of tokenized equities in early September, up from 18.2% a year earlier.
  • The audited system can use real funds, but no major bank has committed to live settlements through it.

Solana Foundation launched Solana DvP, an open-source, MIT-licensed delivery-versus-payment standard that settles an asset and its payment in one atomic blockchain transaction or not at all. The program uses Solana’s SPL Token standard and Token-2022 to provide atomic settlement, isolated escrow and enforced deadlines, and has passed external security audits. J.P. Morgan advised on settlement practices and requirements, but did not build, operate or endorse the program; despite descriptions of the initiative as a JPMorgan-Solana development project, no major bank has committed to settling live trades through it. Solana’s share of tokenized equities reached 19.3% in early September, up from 18.2% a year earlier, while Ethereum remains the largest tokenized-real-world-assets network by total value.

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