Solana Foundation launches open-source Solana DvP settlement program with input from JPMorgan
The Solana Foundation launched Solana DvP, an open-source escrow program for atomic delivery-versus-payment settlement by financial institutions, with JPMorgan providing input on settlement practices.
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Why it matters
Institutions moving tokenized assets on Solana have relied on custom smart contracts, and the Foundation presents Solana DvP as one reusable standard in their place. Adoption by banks has not been reported.
Where the sources disagree
Day of announcement
Monday
Decrypt
Tuesday
Cointelegraph, Bitcoin.com News
October 6
CoinDesk, TheNewsCrypto, Crypto.News, NewsBTC
Decrypt called the announcement Monday, while Cointelegraph and Bitcoin.com News called it Tuesday; CoinDesk, TheNewsCrypto, Crypto.News and NewsBTC gave October 6.
Key facts
The Solana Foundation launched Solana DvP, an open-source escrow program offering institutions an API for delivery-versus-payment settlement.
Reported by Decrypt
The program is released under the MIT license.
Reported by Decrypt
JPMorgan provided input on institutional settlement practices and requirements.
Reported by Decrypt
Crypto.News and NewsBTC said JPMorgan did not design, operate or endorse the program, which is a Solana Foundation release.
Reported by Crypto.News
The program supports SPL Token and Token-2022, including permanent delegates, pausable tokens and transfer hooks.
Reported by TheNewsCrypto
The Foundation plans to add privacy features sought by institutional participants.
Reported by CoinDesk
Outlets give different announcement days: Monday per Decrypt, Tuesday per Cointelegraph and Bitcoin.com News, October 6 per several others.
Disputed figureReported by Decrypt
What happened
The Solana Foundation announced Solana DvP on October 6, an open-source escrow program under the MIT license that settles an asset and its payment in one atomic transaction, so both legs complete or neither does. Decrypt, CoinDesk, Cointelegraph and TheNewsCrypto said the Foundation puts finality at seconds, against the one to two days of traditional clearing. JPMorgan gave input on institutional settlement practices; Cointelegraph quoted Rhodel D'Souza of JPMorgan, and Crypto.News and NewsBTC said JPMorgan did not design, operate or endorse the program, which remains a Solana Foundation release. Crypto.News reported that Cantina audited the code and that four medium-severity findings were fixed before launch. CoinDesk said the Foundation plans to add privacy features. Outlets disagree on the announcement day: Decrypt said Monday, while Cointelegraph and Bitcoin.com News said Tuesday. Bitcoin.com News said whether banks will use the program is unresolved.
How the story developed
- First report
First report by Decrypt
Solana Debuts Institutional Settlement Standard With J.P. Morgan Input
- Update
Decrypt reports the Solana DvP launch
First report of the open-source settlement program with JPMorgan input.
- Independent corroboration
Independently corroborated by CoinDesk
Solana Foundation unveils a program to settle institutional trades in seconds. JPMorgan gave input
- Update
CoinDesk reports the launch and planned privacy features
- Official statement
Cointelegraph quotes JPMorgan's Rhodel D'Souza
D'Souza called the standard foundational infrastructure.
- Update
Crypto.News reports Cantina audit and JPMorgan's limited role
- Official statement
Official statement from Bitcoin.com News
JPMorgan Lends Its Expertise to Solana’s Atomic Settlement Program
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 6 Oct 2026, 02:01 UTC: Decrypt — 1 independent source, 1 reports
- 6 Oct 2026, 04:23 UTC: CoinDesk — 2 independent sources, 3 reports
- 6 Oct 2026, 06:52 UTC: TheNewsCrypto — 3 independent sources, 4 reports
- 6 Oct 2026, 09:11 UTC: Cointelegraph — 4 independent sources, 5 reports
- 6 Oct 2026, 10:32 UTC: Bitcoin Insider — 5 independent sources, 6 reports
- 6 Oct 2026, 10:58 UTC: Crypto.News — 6 independent sources, 7 reports
- 6 Oct 2026, 16:00 UTC: NewsBTC — 7 independent sources, 8 reports
- 6 Oct 2026, 16:05 UTC: Bitcoin.com News, official — 8 independent sources, 9 reports
Affected entities
Also mentioned: Circle, Ripple, OKX, Galaxy Digital, Ethereum, BlackRock, USD Coin
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | JPMorgan Lends Its Expertise to Solana’s Atomic Settlement Program | Independent | |
| Decrypt Crypto media | Solana Debuts Institutional Settlement Standard With J.P. Morgan Input | Original | |
| CoinDesk Crypto media | Solana Foundation unveils a program to settle institutional trades in seconds. JPMorgan gave input | Independent | |
| Cointelegraph Crypto media | Solana Foundation targets settlement in seconds with DvP launch | Independent | |
| Crypto.News Crypto media | Solana launches tool to settle bank trades in seconds | Independent | |
| NewsBTC Crypto media | Solana Foundation Launches Atomic DvP Settlement Tool With JPMorgan Input | Independent | |
| TheNewsCrypto Crypto media | Solana Foundation Launches DvP Settlement Program With J.P. Morgan Input | Syndicated | |
| Bitcoin Insider Aggregator | Solana Introduces Open-Source DvP Settlement With J.P. Morgan Input | Syndicated | |
| Bitcoin Insider Aggregator | Solana Unveils Open-Source DvP Standard for Institutional Settlement, With Input From J.P. Morgan | Aggregated |
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