Anchorage Digital Launches Institutional Solana Staking via Marinade Integration

Anchorage Digital has expanded its institutional offering by integrating Marinade Finance, enabling clients to execute Solana (SOL) staking strategies directly within the firm's custody and wallet infrastructure. This move allows institutions to earn rewards through automated validator selection while maintaining strict control over their assets. The functionality is integrated into Anchorage's primary platform and its Porto self-custody wallet, removing the need for external applications. By separating staking delegation from withdrawal control, the setup ensures that institutions can participate in yield generation without compromising asset security. Clients can choose between two distinct staking paths. A compliance-centric strategy utilizes a curated list of approximately 30 KYC-verified validators, specifically designed for regulated financial products such as exchange-traded funds (ETFs). Alternatively, a dynamic strategy distributes stake across a broader set of hundreds of operators to maximize yield. This development reflects a broader industry trend where asset managers seek native yield on digital assets without moving them out of secure custody. Similar infrastructure expansions have recently been observed at other firms, including Ripple and Fireblocks, as the market for institutional DeFi matures. Based in San Francisco, Anchorage Digital operates as the first federally chartered crypto bank in the United States. The firm is currently reportedly seeking between $200 million and $400 million in new funding as it considers a potential initial public offering next year.