$SOL 🏦 JPMorgan and Galaxy conducted a deal worth $50 million on the Solana network

📊 JPMorgan issued tokenized commercial bills worth $50 million on the Solana network for Galaxy Digital, Bloomberg reports.

The buyers were Coinbase and Franklin Templeton, with settlements made in USDC.

📈 The bank described the operation as a full-fledged pilot project and noted that tokenization speeds up settlements and simplifies post-trading through a unified ledger.

📊 JPMorgan announced plans to continue issuing bonds on public blockchains, while Galaxy continues to move financial operations on-chain — the company previously tokenized its own shares on Solana.$SOL

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