Anchorage Digital, Kamino, and Solana Labs launch a tri-party custody model to support institutional staking of SOL

Digital asset platform Anchorage Digital, liquidity protocol Kamino from the Solana ecosystem, and Solana Labs announced a collaboration to launch a tri-party custody model, referred to as "pioneering," to help institutions stake SOL within a compliant custody framework. According to the introduction, this service allows institutions to achieve on-chain lending and liquidity acquisition without moving assets out of a regulated custody environment.

Anchorage Digital will be responsible for collateral management and will put risk control and collateral management processes on-chain, while also expanding its Atlas collateral management system to integrate with Kamino and the Solana ecosystem.