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Back|Solana Foundation Launches Solana DvP for Instant Institutional Settlements
Solana Foundation Launches Solana DvP for Instant Institutional Settlements
Tech
Cointelegraph·1 hour ago·Tech·1 min read

Solana Foundation Launches Solana DvP for Instant Institutional Settlements

The open-source settlement program aims to reduce securities settlement times from days to seconds.

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The Solana Foundation announced Solana DvP, an open-source settlement program designed to cut institutional securities settlement times from days to seconds using blockchain infrastructure.

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Why It Matters

Financial institutions are increasingly exploring blockchain infrastructure to streamline securities settlement and reduce counterparty risks.

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The Solana Foundation announced Tuesday the launch of Solana DvP, an open-source settlement program for financial institutions that aims to cut settlement times.

Solana DvP offers an open-source application programming interface for delivery-versus-payment (DvP) settlement on Solana.

The program aims to cut securities settlement from one to two days to seconds by transferring assets and payment in a single transaction that either completes in full or does not take effect, the Solana Foundation said in a press release. It is designed to offer institutions a reusable alternative to custom smart contracts.

The settlement standard is the type of “foundational infrastructure” that institutional market participants need to “operate at scale without introducing settlement risk and counterparty exposure,” said Rhodel D’Souza, head of markets digital assets at JPMorgan. The bank provided input on institutional settlement practices and requirements during work on Solana DvP.

The announcement adds to efforts to speed up financial settlement using blockchain infrastructure. In June 2025, Chainlink, JPMorgan’s Kinexys and Ondo Finance completed a cross-chain DvP pilot involving Ondo’s tokenized US Treasury fund and payment through Kinexys.

On Monday, Kraken’s parent company, Payward, partnered with Singapore Gulf Bank to enable 24/7 US dollar settlement for select institutional clients in Asia and the Gulf region.

Open Questions

  • ?Which financial institutions will adopt Solana DvP first?
  • ?What are the specific transaction fee structures for Solana DvP?

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This article was originally published by Cointelegraph.

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The Solana Foundation announced Solana DvP, an open-source settlement program designed to cut institutional securities settlement times from days to seconds using blockchain infrastructure.

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Published
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