RT Coinbase Institutional 🛡️ (@CoinbaseInsto)Wall Street is putting the blockchain to work in capital markets.Today, @jpmorgan arranged a US commercial paper issuance for @galaxyhq on @solana - one of the first debt securities issued on a public blockchain in the U.S., with tokenization, USDC rails, and custody powered by Coinbase’s Crypto-as-a-Service platform. ...

JPMorgan Jack mallers. Photo by BeInCrypto JP Morgan has successfully arranged one of the first-ever debt issuances on a public blockchain, executing a US Commercial Paper offering for Galaxy Digital Holdings LP on the Solana network. The transaction, announced December 11, was purchased by Coinbase and Franklin Templeton, with all settlement conducted in Circle's USDC stablecoin—a first for the commercial paper market. Wall Street No Longer Experimenting The deal represents a significant departure fr ...