{"id":17003,"date":"2026-10-06T17:44:46","date_gmt":"2026-10-06T17:44:46","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=17003"},"modified":"2026-10-06T17:44:48","modified_gmt":"2026-10-06T17:44:48","slug":"solana-launches-tool-to-settle-bank-trades-in-seconds","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2026\/10\/06\/solana-launches-tool-to-settle-bank-trades-in-seconds\/","title":{"rendered":"Solana launches tool to settle bank trades in seconds"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Solana Foundation has launched a new open-source settlement program designed to help financial institutions exchange tokenized assets and payments within a single blockchain transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Known as Solana DvP, the system uses a delivery-versus-payment structure in which both sides of a trade settle together. If either side cannot complete, neither transfer goes through.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Foundation says the system can bring settlement finality down to seconds instead of the multi-day settlement periods often associated with traditional financial markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">JPMorgan provided feedback on institutional settlement practices during development, although the bank did not build, operate, approve, or endorse the program.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Solana Foundation launched Solana DvP as an open-source delivery-versus-payment settlement program.<\/li>\n\n\n\n<li>The system allows the asset and payment sides of a trade to settle in one atomic blockchain transaction.<\/li>\n\n\n\n<li>JPMorgan provided input on institutional settlement requirements but did not develop or operate the program.<\/li>\n\n\n\n<li>Solana DvP supports both SPL Token and Token-2022 assets.<\/li>\n\n\n\n<li>Cantina completed an external security review and identified four medium-severity issues, all of which were fixed.<\/li>\n\n\n\n<li>SOL traded around $120.93 on Oct. 6 and was down roughly 0.8% over 24 hours.<\/li>\n\n\n\n<li>The Foundation is still looking for design partners and early users ahead of a broader production release.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Solana Foundation announced the DvP program on Oct. 6 and released it under the MIT open-source license.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The goal is to give financial institutions a reusable settlement standard rather than forcing every company to create a custom smart contract when settling tokenized securities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Solana DvP settles assets and payments together<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Delivery-versus-payment, commonly known as DvP, links the transfer of an asset directly to the payment made for it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The basic idea is simple: either both sides settle successfully, or neither side does.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This helps reduce one of the biggest risks in financial settlement, where one party delivers an asset but does not receive the payment it was expecting.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With Solana DvP, both the asset and payment legs are executed through the same atomic blockchain transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the entire transaction cannot complete, no final transfer occurs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That structure can reduce counterparty settlement risk while also simplifying the infrastructure institutions need to move tokenized assets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Each trade uses two escrow accounts<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">According to Solana\u2019s documentation, every DvP trade uses two escrow accounts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One escrow account holds the asset being sold.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The other holds the payment asset.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Each participant sends its respective part of the transaction into escrow using a standard token transfer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A settlement authority is selected when the trade is created.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That authority then signs the settlement once the required conditions have been satisfied.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Both transfers are executed within the same Solana transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This means the asset cannot be transferred while the corresponding payment remains incomplete.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The settlement authority can be a bank or custodian<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The authority overseeing settlement can be a bank, custodian, exchange, or another party agreed upon by the two counterparties.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Importantly, the authority cannot later change the payment destination addresses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Those addresses are recorded when the trade is originally created.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This prevents the settlement authority from redirecting funds after the terms have already been agreed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Either participant can also recover its own funded side before settlement is completed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The settlement authority has the ability to cancel the trade as well.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Trades can include settlement deadlines<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Solana DvP also supports time-based conditions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A trade can include an expiry time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If settlement has not occurred before that deadline, the program can reject the transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Developers can also specify an earliest settlement time, preventing a trade from being finalized before a predetermined moment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These controls can be useful for financial institutions that need settlement windows tied to legal agreements, market hours, or operational processes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Solana DvP does not replace an entire trading platform<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The new program handles settlement, but it does not provide every function needed to operate a securities market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Solana\u2019s documentation makes clear that DvP does not include an order book.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It does not provide price discovery.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There is no built-in matching engine, netting system, or support for partial fills.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The program also does not perform know-your-customer checks or determine whether someone is legally eligible to hold a particular asset.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Any restrictions around investor eligibility must be enforced through the token itself or through other infrastructure connected to the transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In other words, DvP is a settlement layer rather than a complete exchange.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Both sides must exist on Solana<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Atomic settlement also has an important limitation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Both sides of a supported DvP trade must be represented by token accounts on Solana.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If one side of a transaction uses a traditional off-chain payment system, the program cannot atomically settle that payment together with the on-chain asset.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That off-chain leg would have to be reconciled separately.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The strongest benefits of DvP therefore apply when both the asset and the payment are represented on-chain.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">JPMorgan advised on settlement practices but did not build the system<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">JPMorgan\u2019s involvement is one of the more notable parts of the announcement, but the scope of the bank\u2019s role is limited.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">JPMorgan provided Solana Foundation with input about institutional settlement practices and requirements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The bank did not design the Solana DvP program.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It did not develop the code.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is not identified as the operator.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Foundation also makes clear that JPMorgan\u2019s involvement should not be interpreted as approval, certification, a performance guarantee, or a commitment by the bank to use the system commercially.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That distinction is important when describing the relationship.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">JPMorgan has previous blockchain settlement experience<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Although JPMorgan did not build Solana DvP, the bank has experience with blockchain-based delivery-versus-payment systems.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Its Kinexys platform participated in a May 2025 settlement involving Ondo and Chainlink.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That transaction connected JPMorgan\u2019s permissioned payment infrastructure with Ondo\u2019s public blockchain-based system.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Chainlink technology coordinated payment with the purchase of tokenized U.S. Treasury assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ondo described the transaction as its first cross-chain atomic DvP settlement involving the Ondo Chain testnet.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Solana DvP takes a different approach because both supported token legs settle directly on Solana through a reusable public program.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Solana is expanding its institutional infrastructure<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The DvP launch is part of a broader push by Solana Foundation to make the network more useful for financial institutions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Earlier in 2026, Mastercard, Western Union, and Worldpay joined the Solana Developer Platform as early users.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Their use cases included areas such as stablecoin settlement and payments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The DvP program is now accessible through the Markets module of that developer platform.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Other modules focus on areas such as token issuance and payments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Together, these products suggest that Solana Foundation is building a broader set of tools for institutions that want to issue, move, and settle tokenized assets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Solana DvP supports SPL Token and Token-2022<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The settlement program works with both Solana\u2019s original SPL Token standard and Token-2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That means one side of a transaction can potentially use an asset created under one token standard while the other uses the second standard.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Token-2022 includes several additional features designed to give issuers more control over how assets behave.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Solana Foundation said DvP supports features such as permanent delegates, pausable tokens, and transfer hooks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These controls can be particularly relevant for regulated financial products.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Regulated issuers can maintain token controls<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Some token issuers need the ability to freeze assets, pause transfers, or enforce specific restrictions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Token-2022 supports several of those functions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, a freeze authority can freeze an escrow token account.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A pause authority can stop transfers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Permanent delegates may also retain certain powers over escrowed tokens according to the rules built into the underlying asset.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These features could make the system more practical for regulated issuers that cannot rely on completely unrestricted token transfers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Some Token-2022 configurations are not supported<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Solana DvP does not support every Token-2022 extension.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the technical documentation, tokens using TransferFee, InterestBearing, ScaledUiAmount, or NonTransferable extensions are rejected when a trade is created or settled.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That means institutions need to verify whether their specific token configuration is compatible with the settlement program before attempting to use it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The program therefore offers broad support, but it is not universally compatible with every Solana token design.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Atomic settlement does not remove every financial risk<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Solana DvP reduces the risk that one party delivers an asset without receiving payment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, it does not eliminate every risk associated with tokenized securities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, the settlement system does not protect investors from issuer credit risk.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It also does not remove redemption risk.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the underlying issuer fails to honor its obligations, atomic blockchain settlement does not solve that problem.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The DvP program improves transaction settlement, but the quality of the underlying asset still matters.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Solana DvP is already listed on mainnet-beta<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Solana Foundation\u2019s documentation lists the same DvP program on both mainnet-beta and devnet.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As of Oct. 2, the mainnet program ID was listed as:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">dvp34bdbcEm4f4FCUjGV4mDAkDshaQR4LkK8fdcsyZq<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The program remains upgradeable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That means the Foundation can still make changes to its code as the system develops.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The existence of the program on mainnet-beta does not necessarily mean large financial institutions are already settling commercial volumes through it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Foundation has not yet disclosed live institutional transaction volumes from named customers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Cantina security review identified 21 findings<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Security firm Cantina completed an external review of the Solana DvP code.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The audit took place between May 21 and May 28.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cantina reported 21 findings in total.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Four were rated medium severity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Six were classified as low risk.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Another 11 were categorized as informational findings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">All four medium-risk issues were fixed before the Foundation publicly announced the launch.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Some lower-risk issues remain acknowledged<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Of the six low-risk findings, three were fixed and three were acknowledged.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Five informational issues were fixed, while six were acknowledged.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One medium-risk issue involved a situation in which a closed token mint could prevent recovery of the other funded side of a transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cantina later confirmed that the Foundation had fixed the problem.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Another medium-risk issue involved token accounts requiring transaction memos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Without support for those memos, settlement or refunds could fail.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The updated DvP program added the necessary memo instruction support.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Foundation says the program is ready for real funds<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Solana Foundation says DvP has completed external security audits and is ready to be used with real funds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, the project&#8217;s current status still requires some nuance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Foundation is continuing to seek design partners and early participants ahead of what it describes as a production release.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It has not announced a date for that production release.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It has also not named financial institutions currently using Solana DvP for live commercial settlement at scale.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The technology is therefore available, but adoption is still at an early stage.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Privacy remains an unfinished feature<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Another limitation is privacy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The current DvP implementation settles token amounts publicly on-chain.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That remains true even when the underlying asset supports Solana\u2019s ConfidentialTransfer extension.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For institutional markets, public transaction values can be a concern because some participants may not want competitors or other observers to see settlement amounts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Solana Foundation says confidential settlement is planned for a future version.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No launch date has been provided for that feature.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">SOL remains near $121 after the launch<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The DvP announcement has not produced an obvious standalone rally in SOL.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CoinGecko showed SOL trading near $120.93 at the time referenced in the article.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Its 24-hour trading range was approximately $118.97 to $122.01.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SOL was down roughly 0.8% during the previous 24 hours while remaining around 1.8% higher over seven days.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The token\u2019s market capitalization stood near $71.15 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Twenty-four-hour trading volume was roughly $2.55 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Those market figures do not establish that the DvP announcement directly caused SOL\u2019s price movement.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Tokenized assets are already a major part of Solana<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Solana already hosts billions of dollars in tokenized real-world assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Earlier data placed distributed RWA value on the network at roughly $4.23 billion in early September.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Solana had attracted approximately $348 million in net real-world asset flows over the preceding 30 days.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Major financial and crypto companies had tokenized products represented on the network.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These included BlackRock, Franklin Templeton, VanEck, Circle, Ondo, and WisdomTree.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This existing asset base could provide a natural market for settlement infrastructure such as DvP.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">State Street and Galaxy have also used Solana<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Institutional activity on Solana has expanded beyond token issuance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">State Street and Galaxy have used the network for tokenized cash products.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The State Street Galaxy Onchain Liquidity Sweep Fund launched in May and supports stablecoin subscriptions and redemptions for eligible institutional investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That gives Solana an existing ecosystem of tokenized products that may eventually benefit from standardized settlement infrastructure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Still, each institution would need to decide whether Solana DvP fits its operational, legal, and compliance requirements.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Solana DvP could change for institutional settlement<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The main attraction of Solana DvP is standardization.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Financial institutions often need custom settlement infrastructure when working with tokenized securities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A reusable open-source standard could reduce the need to build a new smart contract for every transaction or partnership.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Atomic settlement also reduces principal risk because payment and asset delivery happen together.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The system could be particularly useful as more financial products move onto public blockchains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, the program still has important limitations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It lacks privacy today.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Both transaction legs must exist on Solana for true atomic settlement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It does not perform KYC or eligibility checks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It does not offer order matching or price discovery.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And it has not yet demonstrated large-scale commercial settlement through publicly named institutional users.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Solana\u2019s next challenge is real institutional adoption<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The technical launch is only the first step.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For Solana DvP to become meaningful financial infrastructure, institutions will need to use it repeatedly for real transactions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Important metrics will include settlement volume, the number of participating institutions, tokenized asset types, transaction frequency, and reliability under production conditions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Foundation will also need to deliver planned features such as confidential settlement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If banks, asset managers, custodians, and exchanges begin using the system at scale, Solana could strengthen its position in the growing market for tokenized financial infrastructure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For now, Solana DvP provides an open-source framework for atomic settlement and gives institutions another tool for moving tokenized assets and payments on public blockchain infrastructure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Solana Foundation has launched a new open-source settlement program designed to help financial institutions exchange tokenized assets and payments within a single blockchain transaction. Known as Solana DvP, the system uses a delivery-versus-payment structure in which both sides of a trade settle together. If either side cannot complete, neither transfer goes through. The Foundation&#8230;<\/p>\n","protected":false},"author":3,"featured_media":17009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[65,86,89],"class_list":["post-17003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-crypto","tag-market","tag-solana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Solana launches tool to settle bank trades in seconds - Crypto News<\/title>\n<meta name=\"description\" content=\"Solana launches DvP, an open-source tool that settles tokenized assets and payments in one transaction, with JPMorgan providing institutional settlement input.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonewsdesk.com\/index.php\/2026\/10\/06\/solana-launches-tool-to-settle-bank-trades-in-seconds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana launches tool to settle bank trades in seconds - 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