Cryptocurrency News

NYDFS-licensed Standard Custody brings Solana staking to institutions



Standard Custody & Trust Company, a digital asset custodian based in New York, has expanded its crypto offerings to include Solana (SOL), giving institutional investors the ability to stake and custody the world’s sixth-largest cryptocurrency.

Beginning Wednesday, institutional investors will have the ability to interact directly with Solana’s rapidly growing ecosystem through both segregated and on-chain accounts, with staking services offered through Figment, an application layer solution provider for institutions. The company said it also plans to provide custody services for Solana Program Library tokens, which are a collection of on-chain programs.

Source

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Become a Millionaire by Trading Crypto!