Sol Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, announced its selection as an approved staking provider for Tetra Trust, Canada’s First Licensed Digital Asset Trust Company.
This integration reportedly enables Tetra’s institutional clients, “including 3iQ’s upcoming Solana Staking ETF, to access Sol Strategies’ validator infrastructure directly through Tetra’s custody platform.”
Leah Wald, CEO of Sol Strategies said:
“Being selected as a staking provider for Tetra’s platform marks another significant milestone in institutional Solana adoption. This integration creates a seamless experience for institutional clients seeking secure, regulated access to Solana staking.”
Tetra Trust, a regulated trust company under the Loan and Trust Corporation Act of Alberta, reportedly provides “custody solutions for many of Canada’s leading digital asset investment products.”
Didier Lavallée, CEO at Tetra Trust said:
“Sol Strategies’ proven track record in institutional staking infrastructure made them an ideal addition to our platform. This integration enhances our ability to provide comprehensive digital asset services to our institutional clients.”
The latest partnership further builds on Sol Strategies’ recent selection “as the staking provider for 3iQ’s Solana Staking ETF, which will utilize Tetra’s custody platform.”
As noted in the update, Sol Strategies Inc. is a Canadian investment company that says it “operates at the forefront of blockchain innovation.”
Specializing in the Solana ecosystem, the company provides strategic investments and infrastructure solutions “to enable the next generation of decentralized applications.”
Established back in 2019, Tetra is currently operating as Canada‘s licensed digital asset custodian.
Their platform reportedly provides enterprise-grade “custody of digital assets and auxiliary services for institutional clients.”
Backed by WonderFi, Urbana Corporation, Canadian Securities Exchange, Icebook Investments Corp and Coinbase Ventures, Tetra explains that it provides “a solution to one of the last remaining problems preventing institutional adoption of the digital asset industry-custody.”