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.
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What happened
Solana Foundation launched an open-source program that lets institutions settle trades in seconds, not days. JPMorgan provided key inputs.
Reported details
- Solana Foundation launched an open-source DvP program that settles asset and payment legs together, with JPMorgan providing settlement input.
Why this matters
Solana Foundation touches the custody and settlement layer, which is where tokenized-asset exposure actually lives: a token claim is only as good as the underlying record and the redemption path behind it. Watch the named custodian, the settlement timing, and who bears the risk if redemption is delayed.
Evidence boundary
The scope is limited to what the linked reports state, and where two of them diverge both positions are recorded without either being picked in advance.
What to verify
Check Solana Foundation against the named custodian and the applicable redemption terms: the timing, the minimum size, the fee schedule, and who carries the risk if redemption is delayed.
Sources and editorial check time
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crypto.news Live: https://crypto.news/solana-launches-tool-to-settle-bank-trades-in-seconds/
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Editorial source check time: 2026-10-06T16:03:56.231Z
This information is educational and is not financial, legal, or tax advice.