J.P. Morgan Arranges $50M Tokenized Bond Issuance on Solana for Galaxy Digital

J.P. Morgan has issued a $50 million tokenized commercial paper for Galaxy Digital on the Solana blockchain, marking one of the earliest onchain debt transactions in the US. This tokenized bond uses USDC for settlement and was sold to Franklin Templeton and Coinbase, highlighting growing institutional adoption of blockchain in finance. J.P. Morgan tokenized a [...]