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JPMorgan Issues Galaxy’s Tokenized USCP on Solana in Industry First

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USDC
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SOL
$126.23-0.54%
JPMorgan issued Galaxy Digital’s tokenized USCP on the Solana blockchain, a first for corporate debt on a public network. The trade, settled in USDC, was bought by Coinbase and Franklin Templeton. The move shows institutional interest in digital assets and the blockchain potential for large-scale financial tools. Galaxy said the issuance creates new funding options and supports blockchain-based money market functions.
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