Solana Foundation launches Solana DvP atomic settlement standard

The Solana Foundation has launched Solana DvP, an open-source atomic settlement standard for institutional tokenized-asset trades that reduces settlement from days to seconds. JPMorgan provided input on institutional settlement practices during development.

The launch extends Solana's push to court banks and asset managers moving payments and assets onchain, complementing its recent hires of Binance and Polygon veterans as it positions the network as a venue for tokenized assets and institutional onchain finance.