Anchorage Digital has partnered with Kamino and Solana Company to enable institutions to borrow against their staked Solana without moving assets from regulated custody. The structure allows investors to continue earning staking rewards while accessing liquidity through decentralized lending markets, potentially bridging a key gap between traditional finance and DeFi.
Anchorage Digital has integrated with the Solana-based lending protocol Kamino to expand its collateral management platform. This initiative, carried out with Solana Company, allows institutions to use natively staked SOL as collateral for onchain borrowing.
The assets remain held at the federally chartered Anchorage Digital Bank. This means investors can access liquidity while continuing to earn staking rewards, addressing a historical barrier for regulated entities.
Anchorage acts as the collateral manager, overseeing loan-to-value ratios and margin requirements. Because collateral stays in segregated custody, institutions avoid moving assets into smart contracts.
Solana Company is the second-largest SOL-based digital asset treasury, holding 2.3 million SOL according to CoinGecko. The integration underscores growing institutional interest in decentralized finance.
This momentum unfolds against an uncertain U.S. regulatory backdrop. Lawmakers are still debating oversight for digital assets and DeFi platforms.
The proposed CLARITY Act aims to establish clearer jurisdictional boundaries and regulatory standards. Some DeFi advocates argue it does not sufficiently distinguish between centralized intermediaries and decentralized systems.
Industry groups have raised concerns about earlier draft language. The Trump administration recently convened a meeting with industry representatives to break the legislative impasse.
