# Solana Takes Aim at Wall Street’s Settlement Delays as Singapore’s Crypto Week Begins

> With SOL near $121, Solana’s new settlement program arrives alongside its Capital Forum and TOKEN2049—putting tokenized assets, stablecoins and institutional finance in focus.

By Lidia Yadlos · October 6, 2026

Canonical: https://blockster.com/solana-takes-aim-at-wall-streets-settlement-delays-as-singapores-crypto-week-begins

Buying an investment and receiving it are two different steps. A trade can be agreed in seconds, while the movement of assets and money happens later.

Solana wants to make that handoff faster and easier for financial institutions.

On October 6, the Solana Foundation [announced Solana DvP](https://solana.com/vi/news/solana-foundation-launches-solana-dv-p-an-atomic-settlement-program-built-for-financial-institutions), an open-source program for delivery-versus-payment settlement, with input from J.P. Morgan on institutional settlement practices.

The principle is straightforward: **the buyer receives the asset and the seller receives payment together—or neither transfer completes.**

[Post from @SolanaFndn on X](https://twitter.com/SolanaFndn/status/2107333549032640781)

The announcement lands during Singapore’s crypto conference week, with the **Solana Capital Forum on October 6** and **TOKEN2049 on October 7–8 at Marina Bay Sands**. It gives the investors and builders gathering there something concrete to discuss: how public blockchains can improve the movement of financial assets.

SOL traded around **$121.02 in an October 6 morning snapshot**, with CoinGecko’s headline quote showing a roughly **0.2% daily gain** and a 24-hour range of **$118.97 to $121.51**. That modest move does not establish a price reaction to the announcement or the conferences.

## Making the Asset and Payment Move Together

Imagine an institution buying $1 million of a tokenized bond using a dollar-backed stablecoin.

The buyer wants assurance that it will receive the bond. The seller wants assurance that it will receive the money. Linking both transfers means neither party has to complete its side of the exchange first.

Solana’s [product walkthrough](https://solana.com/delivery-vs-payment) explains the process. The parties record the terms, including the assets, amounts, settlement authority and deadline. Each side places its tokens into a separate escrow account. The designated authority then settles both transfers in one transaction.

> That is “atomic settlement”: the exchange completes as a single operation.

The $1 million purchase is an illustrative example, but it explains why stablecoins matter. A tokenized investment needs a payment instrument. Having both on the same network allows ownership and payment to move through one coordinated process.

This addresses the risk of handing over an asset without receiving payment. It does not remove investment losses, issuer defaults or software risks.

The need for dependable settlement grows as more assets move onto Solana. In September, Blockster reported that [Solana’s tokenized equities had reached $684 million in supply](https://blockster.com/solana-tokenized-equities-hit-684m-as-stocks-start-trading-around-the-clock), as platforms expanded access to stock-linked assets beyond traditional market hours. That figure reflects the September report, rather than a current total.

Putting an asset onchain creates new possibilities. Making it straightforward to exchange is another essential step.

## J.P. Morgan’s Experience Adds Context

J.P. Morgan contributed settlement expertise to Solana DvP. The Foundation specifies that the bank did not develop, operate, endorse or guarantee the program. Its contribution does not establish a J.P. Morgan customer rollout.

The bank has, however, already participated in a separate debt transaction on Solana.

In December 2025, J.P. Morgan [announced a commercial-paper issuance for Galaxy Digital](https://www.jpmorgan.com/about-us/corporate-news/2025/jpmorgan-commercial-paper-issuance-solana-blockchain), with Coinbase and Franklin Templeton purchasing the securities. Commercial paper is short-term corporate debt.

J.P. Morgan created the onchain token and facilitated delivery-versus-payment settlement. The announcement specified USDC for issuance and redemption proceeds.

> “This issuance is a clear example of how public blockchains can improve the way capital markets operate,” Galaxy’s Global Head of Trading Jason Urban said.

That transaction shows the connection between corporate financing, tokenized assets and stablecoins. A company raises money, investors receive a digital security, and digital dollars handle the payment.

A reusable settlement program could make similar arrangements easier to implement. Institutions would still need legal agreements, custody and compliance controls, but could share more of the underlying technology.

Other pieces are developing alongside it. [Metaplex’s MPL-3643 standard](https://blockster.com/metaplex-wants-to-bring-more-financial-assets-to-solanawith-investor-checks-built-in), covered by Blockster in September, introduces investor-eligibility checks and transfer restrictions for permissioned assets on Solana.

The initiatives address complementary needs: who may hold an asset, and how that asset changes hands against payment. That does not, by itself, establish a formal integration between them.

## Singapore Brings the Investors and Builders Together

The [Solana Capital Forum Singapore](https://capitalforum.solana.com/) on October 6 puts institutional finance at the center of the conversation.

The private executive forum’s published program includes an opening keynote from **Solana Foundation President Lily Liu**, a tokenization discussion featuring **Invesco’s Kathleen Wrynn**, and a session on institutional access featuring **Grayscale’s Krista Lynch**.

[TOKEN2049 follows on October 7–8 at Marina Bay Sands](https://www.token2049.com/singapore), bringing the broader industry together. Its [published agenda](https://www.token2049.com/singapore/agenda) includes an Institutional Stage and **“Ship on Solana: Builders Hour”**, placing discussions about capital alongside the people developing applications.

[Post from @token2049 on X](https://twitter.com/token2049/status/2107333540916690999)

For Solana, the opportunity this week is to turn attention into participation: institutions testing settlement tools, developers building integrations and counterparties agreeing to use them.

That follows the question running through Blockster’s [Korea Blockchain Week recap](https://blockster.com/crypto-wants-institutional-money-kbw-showed-what-it-still-has-to-build): what must crypto build for institutional interest to become lasting financial activity?

The Foundation says Solana DvP has undergone external security audits and is ready for use with real funds. It is also seeking design partners and early participants ahead of a production release, with privacy features planned.

> Catherine Gu, its head of product for digital assets, described the goal as settlement “with finality in seconds instead of days.”

The next test is practical: whether institutions use this infrastructure repeatedly because it improves how they do business.

Stablecoins provide a potential payment instrument. Tokenization provides the asset. Settlement connects them. As Singapore’s conference week unfolds, those connections deserve as much attention as the price on the screen.