The Solana Foundation launches an open-source delivery-versus-payment (DvP) program, designed to let financial institutions settle tokenized asset trades atomically on Solana. The program aims to coordinate the two sides of a transaction so that either both legs settle or neither does, with finality reported as occurring in seconds.
According to the outlets, the effort is built with input from J.P. Morgan, which contributed guidance on institutional securities settlement practices. NDTV specifies that JPMorgan does not develop, operate, certify, or approve the system, although it provides input.
Across sources, the main emphasis is on faster settlement compared with traditional processes that can take days, and on the program’s MIT licensing and institution-focused design for tokenized assets and payments. While all accounts agree on JPMorgan’s role as an input contributor and on the DvP/atomic settlement objective, they differ slightly in how they frame the time-savings claim and the degree of operational involvement attributed to JPMorgan.
