Copper, a digital asset custody, collateral management, and prime services provider, has partnered with Marinade Finance, a self-custodial automation tool for Solana staking that helps SOL holders find the highest staking rate on Solana.
This strategic partnership integrates Copper’s infrastructure “with Marinade Finance, one of the top three Solana projects by transaction value locked (TVL), with Marinade Native as their staking product for institutional clients.”
The integration will enable clients enhanced “access to receive returns on their Solana assets.”
Ben Lorente, Strategic Alliances Director of Copper, commented:
“By bringing together our leading institutional custody service, asset optimisation capabilities and global customer base with Marinade’s secure and highly efficient staking capabilities we are creating an attractive proposition for Solana holders to ensure optimal asset performance and the creation of substantial value by maximising their staking rewards and investment returns.”
Michael Repetny, CEO of Marinade Labs:
“We are thrilled to partner with Copper to provide their institutional clients with unparalleled staking capabilities for their Solana assets. Harnessing the power of Copper’s leading institutional custody service with our industry-leading staking solution, we are together providing Solana holders with the assurance that their assets and returns are secure and optimized at every step.”
Since being founded in 2018, Copper has been “building the standard for institutional digital asset infrastructure with a focus on custody and collateral management.”
Underpinned by innovative technology, Copper has built “a comprehensive and secure suite of products and services required to safely custody and trade digital assets. At the core of Copper’s infrastructure is ClearLoop, which enables clients to manage collateral and settle trades across multiple exchanges, while mitigating counterparty risk and increasing capital efficiency.”
As noted in the update, Marinade is the first non-custodial native and liquid staking protocol built on Solana.
Established in 2021, Marinade aligns “the interest of all ecosystem stakeholders by offering the best staking yields and setting a new meta for Solana staking.”
Marinade is also the creator of Marinade Native, Protected Staking Rewards, and the Stake Auction Marketplace.
As Solana’s public good, Marinade is committed to promoting and “contributing to network decentralization.”
