The Solana Foundation has launched Solana DvP, an open-source escrow program aimed at standardizing delivery-versus-payment settlement for financial institutions. The program is designed to settle an asset and its payment in one atomic transaction, meaning both transfers complete together or neither does.

According to NS3.AI, J.P. Morgan provided institutional settlement input that helped shape the program’s design. The foundation said the program has already undergone external security audits and plans to add privacy features to keep settlements confidential.