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Solana Foundation Launches Solana DvP, an Atomic Settlement Program Built for Financial Institutions

J.P. Morgan helped shape the standard, which lets banks and other institutions settle trades atomically on-chain and cuts settlement from days to seconds.

  • On Tuesday, October 6, 2026, the Solana Foundation announced Solana DvP, an open-source API enabling financial institutions to settle delivery-versus-payment transactions atomically on public blockchain infrastructure for the first time.
  • Traditional markets rely on clearinghouses and custodians, taking one to two days to settle trades and creating principal risk; Solana DvP compresses these multiple legs into a single atomic transaction where both settle together or neither does.
  • JPMorgan, an investment bank, provided decades of settlement expertise to shape the program, ensuring it supports Token-2022 extensions like pausable tokens and enforces requirements for escrow isolation and deadlines.
  • Released under the MIT license, the program has passed external security audits and is ready for real funds, allowing institutions to settle trades "atomically on-chain" with finality in seconds instead of days.
  • This new standard replaces the patchwork of bespoke smart contracts institutions previously required, aiming to convert one-off tokenization deals into regular business and reduce friction costs for institutional adoption at scale.
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The Paintsville HeraldThe Paintsville Herald
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Solana Foundation Launches Solana DvP, an Atomic Settlement Program Built for Financial Institutions

Onchain open-source delivery-versus-payment infrastructure, tailored for the world's leading financial institutions

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PR Newswire broke the news in Chicago, United States on Tuesday, October 6, 2026.
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