Crypto custodian Anchorage Digital has integrated Marinade Finance for institutional Solana staking. Clients can now stake assets while maintaining custody, choosing between a curated validator set for compliance-focused use and a broader, yield-optimizing strategy. This reflects an industry trend where institutions seek yield directly from custody, expanding from proof-of-stake assets to Bitcoin-based decentralized finance.
Anchorage Digital has integrated Marinade Finance into its platform, enabling institutional clients to stake Solana tokens. The arrangement gives clients direct access to Marinade’s staking strategies within Anchorage’s custody and wallet infrastructure. The setup separates staking delegation from withdrawal control, allowing institutions to participate in validator selection while retaining asset control.
Clients can select between two staking strategies. One allocates across a curated set of roughly 30 KYC-verified validators for compliance-focused use cases, including regulated products like ETFs. Another strategy dynamically distributes stake across hundreds of operators to optimize yield. The integration is available through Anchorage Digital’s platform and its Porto wallet, combining functions in a single interface.
Anchorage Digital operates the first federally chartered crypto bank in the United States. In January, it was reported to be seeking between $200 million and $400 million in new funding as it considers a potential initial public offering. Institutions are increasingly seeking yield on crypto holdings without moving assets out of custody, as staking gains traction among asset managers.
In February, Ripple expanded its custody platform through integrations with Securosys and Figment. The following month, Anchorage Digital integrated with Puffer Finance to offer liquid restaking on Ethereum. While staking was traditionally limited to proof-of-stake assets, similar yield strategies are emerging for Bitcoin via decentralized finance.
Lombard recently teamed with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin without moving assets. Similarly, Fireblocks has integrated Stacks to provide institutional access to Bitcoin-based lending and yield. These developments illustrate the broader institutional trend of generating yield directly from custodial accounts across multiple blockchain ecosystems.
