JPMorgan has successfully arranged the issuance and settlement of a $50 million U.S. commercial paper for Galaxy Digital using the Solana blockchain. The transaction involved Coinbase and Franklin Templeton purchasing the notes, with both payment and redemption conducted in Circle’s USDC. This move marks a significant step in JPMorgan's strategy to build a multi-chain experience, as the bank plans to support additional bond issuances on public blockchains.