Solana Foundation Ships Atomic DvP Settlement Standard With J.P. Morgan Input

Published October 6, 2026, 08:41 UTC. Based on a Solana Foundation press release distributed October 6, 2026.

The Solana Foundation on Monday released Solana DvP, an open-source escrow program that gives banks and asset managers a standardized way to settle tokenized trades atomically on the Solana blockchain. The foundation said J.P. Morgan provided input on institutional settlement practices that shaped the program’s design.

What Solana DvP does

Solana DvP is an open-sourced API for delivery-versus-payment settlement, the bedrock mechanism of securities markets in which an asset and its payment change hands simultaneously. The program places both legs of a trade in isolated escrow with enforceable deadlines, then executes them in a single atomic transaction: either both settle together or neither does. That removes the counterparty risk of one side delivering while the other fails to pay, according to the foundation.

Released under the MIT license, it aims to replace the bespoke smart contracts that institutional trades have typically relied on with one reusable, open standard, usable without licensing fees.

The J.P. Morgan connection

J.P. Morgan did not write code for Solana DvP and does not operate or vouch for the program, according to reporting on the release. The bank supplied its own settlement experience, shaping requirements around deadlines, escrow isolation, and the token features regulated issuers depend on, including pausable tokens and transfer hooks under Solana’s Token-2022 standard.

“Atomic settlement removes counterparty risk that is inherent in traditional finance,” Catherine Gu, the Solana Foundation’s head of product for digital assets, said in the release. Rhodel D’souza, J.P. Morgan’s head of markets digital assets, said a shared open standard for atomic delivery-versus-payment is “exactly the kind of foundational infrastructure institutional market participants require to operate at scale.”

Token standards and audits

The program supports SPL Token and Token-2022, including extensions regulated issuers need such as permanent delegate, pausable tokens, and transfer hooks, according to the announcement. It has undergone external security audits, is available for real funds, and the foundation is seeking design partners ahead of a production release. Privacy features for confidential institutional settlements are planned.

Seconds instead of days

In conventional markets, delivery-versus-payment runs through a chain of clearinghouses, depositories, and custodians that typically takes one to two business days to complete. Solana DvP compresses that into one transaction with finality in seconds on public blockchain infrastructure, which the foundation framed as the first reusable standard to bring that settlement certainty to public chains. J.P. Morgan’s own Solana activity has been growing: the bank helped issue $50 million in commercial paper for Galaxy Digital in December 2025, according to HTX reporting.

This article is news reporting and is not investment advice.

Sources

• Solana Foundation (via PR Newswire), Solana Foundation Launches Solana DvP, an Atomic Settlement Program Built for Financial Institutions (Oct. 6, 2026), primary source
• Decrypt, Solana Debuts Institutional Settlement Standard With J.P. Morgan Input (Oct. 6, 2026)
• Startup Fortune, Solana Releases Open-Source DvP Settlement Standard Shaped by J.P. Morgan (Oct. 6, 2026)