In what is being described as a first-of-its-kind tri-party custody model, Anchorage Digital, Kamino, and Solana Company are collaborating to enable institutions to stake SOL.
According to a release, the service will support institutions to access onchain borrowing without moving assets out of regulated custody, with Anchorage Digital managing collateral, bringing collateral management and risk controls onchain.
Anchorage Digital is expanding its Atlas collateral management by integrating with Kamino/Solana Company.
Nathan McCauley, CEO and co-founder of Anchorage Digital, says that institutions want onchain liquidity but also want regulated custody and compliance. Institutions can keep natively staked SOL held with a qualified custodian, bringing institutional-grade risk management to Solana’s lending markets.
Cheryl Chan, Head of Strategy at Kamino, says the collaboration serves meaningful institutional demand.
The collaboration is also designed as a repeatable blueprint for institutional participation in protocol borrowing.
Solana is an enterprise-grade, open-source blockchain that delivers low-cost transactions with speed and scalability.
