JPMorgan arranges commercial paper issuance on Solana blockchain
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J.P. Morgan Arranges Landmark U.S. Commercial Paper Issuance on Solana Public Blockchain for Galaxy Digital Holdings LP
December 11, 2025 11:25 AM ESTThe transaction, completed on behalf of Galaxy, which also acted as the structurer, marks one of the first debt issuances ever executed on a public blockchain Coinbase was the lead investor, alongside Franklin Templeton
NEW YORK--(BUSINESS WIRE)-- J.P. Morgan announced today that it has successfully arranged a U.S. Commercial Paper (USCP) issuance for Galaxy Digital Holdings LP, an affiliate of Galaxy Inc. (Galaxy) on Solana, purchased by Coinbase Global Inc. (Coinbase) and Franklin Templeton. The transaction is one of the earliest debt issuances ever executed on a... More
