Market News / Story
Solana Foundation Launches Atomic DvP Settlement Tool With JPMorgan Input
NewsBTC ·
NewsBTC reports: TL;DR The Solana Foundation has launched Solana DvP, an open-source delivery-versus-payment settlement program for financial institutions. The MIT-licensed tool is designed to settle the asset and cash legs of a transaction atomically through isolated escrow. JPMorgan provided input on institutional settlement practices, but the program is a Solana Foundation release rather than a JPMorgan product. The Solana Foundation is putting a piece of traditional securities-market…