The Solana Foundation has launched Solana DvP, an open-source delivery-versus-payment settlement program designed to enable simultaneous asset and fund transfers for financial institutions on the Solana blockchain. JPMorgan advised on institutional settlement requirements during the project's development to ensure alignment with traditional finance standards. The solution utilizes atomic transactions to complete settlements within seconds, eliminating counterparty risk and replacing the multi-day clearing processes typical of traditional markets. Released under the MIT license, Solana DvP provides a unified, fee-free standard that removes the need for institutions to build custom smart contracts for each on-chain transaction.