JPMorgan arranged to create, distribute, and settle a short-term bond for Galaxy Digital Holdings LP on the Solana blockchain as part of an initiative to leverage the underlying technology of cryptocurrencies to enhance the efficiency of financial marekting.
The $50 million U.S. commercial paper was purchased by Coinbase and asset manager Franklin Templeton in USDC stablecoin issued by Circle Internet Group Inc., the companies said in a statement Thursday. Redemptions at maturity will also be paid in USDC.
JPMorgan issues Galaxy short-term bonds on the Solana network
2025-12-11 16:34:49
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