JP Morgan Issues $50 Million Commercial Paper Debt On Solana

Posted On December 11, 2025

JP Morgan Chase & Co (NYSE:JPM) has taken a major step towards blockchain adoption by issuing $50 million in U.S. commercial paper for Galaxy Digital directly on the Solana (CRYPTO: SOL) network.

What Happened: The issuance, purchased by Coinbase (NASDAQ:COIN) and Franklin Templeton, marks one of the earliest instances of a major global bank using a public blockchain to issue …