TREE NEWS update: The Solana Foundation has launched an open-source delivery-versus-payment (DvP) settlement program aimed at financial institutions, designed to complete asset transfers and payments in seconds. The offering targets institutional settlement by pairing asset delivery with payment in a single, near-instant transaction on Solana.
Solana Foundation Launches Open-Source DvP Settlement Program
The notable element is the delivery-versus-payment structure itself, not the underlying chain: pairing asset and payment legs in one atomic transaction is the mechanism institutions cite when distinguishing settlement infrastructure from general-purpose blockchain use. Open-sourcing it lowers the integration burden for firms evaluating tokenized asset workflows, though the harder test is whether custodians, banks and trading venues adopt a shared standard rather than building proprietary rails. Whether this becomes genuine institutional settlement plumbing or another pilot that stalls at the proof-of-concept stage is the open question.
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