Solana Foundation releases open-source DvP tool for atomic securities settlement
- —MIT-licensed release with isolated escrow, time limits and SPL Token/Token-2022 support
- —JPMorgan gave feedback on settlement but does not operate, certify or guarantee the software
- —Code underwent external security reviews; privacy features and production adoption remain future work
- —Aims to be a reusable standard for banks instead of bespoke settlement contracts
Why it matters: A common DvP standard could cut counterparty and capital costs in tokenised securities settlement, though legal finality and custody integration remain the deciding factors.
Source: NewsBTC