J.P. MORGAN COMPLETES REAL FINANCIAL TRANSACTIONS ON SOLANA – A SIGNIFICANT MILESTONE FOR ONCHAIN FINANCE
J.P. Morgan – the largest bank in the United States – has just set a historic precedent by supporting Galaxy Digital in issuing and trading commercial paper entirely on-chain on Solana. This is the first time the U.S. short-term bond market has conducted a real transaction on blockchain instead of traditional banking infrastructure.
The new approach allows:
To create tokenized bonds directly on Solana.
Investors buy using stablecoins, receive interest and mature also with stablecoins.
Shorten time, reduce costs, and increase transparency compared to the traditional process, which is slow and involves many intermediaries.
J.P. Morgan chose Solana for its high speed, low fees, and large transaction processing capability – suitable for institutional-scale financial products.
This is not just a technology experiment, but a clear signal: traditional finance is entering a phase of true on-chain transition. As leading banks choose blockchain to optimize the capital market, institutional flows into crypto will only be a matter of time.
