Wu Blockchain learned that the Solana Foundation has announced the launch of Solana DvP, an open-source delivery-versus-payment (DvP) settlement infrastructure for financial institutions. JPMorgan Chase provided design input on securities settlement practices and institutional requirements. Solana DvP can synchronously settle the delivery of assets and funds on Solana in a single atomic transaction, ensuring that “both parties settle or neither does,” reducing settlement and counterparty risk, and supporting SPL Token and Token-2022. The project has completed an external security audit and is ready for use with real funds, with privacy-preserving settlement features also planned for the future.
