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JPMorgan clears $50M Galaxy Digital deal on Solana using USDC
Dec 11, 2025
< 1 min read
by Brenda Kanana
for CryptoPolitan
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JPMorgan has issued $50 million in commercial paper for Galaxy Digital on the Solana blockchain, a significant step for Wall Street's involvement in public blockchain securities. Coinbase and Franklin Templeton have acquired the asset, highlighting growing institutional adoption of blockchain technology.
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JPMorgan has completed a $50 million commercial paper issuance for Galaxy Digital Holdings on the Solana blockchain, marking one of the earliest transactions in which a major Wall Street bank has issued and serviced a securities instrument through a public blockchain. Coinbase Global and Franklin Templeton purchased the short-term debt asset, and all payments tied […]
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In This News
Coins
$ 0.99976
+0.01%$ 77.81
-0.42%$ 0.99946
-0.02%$ 0.9939
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