Anchorage Digital Partners with Kamino and Solana for Institutional Lending
- Anchorage Digital has teamed up with Kamino and Solana Company to enable institutions to borrow against staked SOL while assets remain in regulated custody.
- The initiative expands Anchorage’s Atlas collateral management platform by integrating with Kamino, a decentralized lending protocol on Solana.
- Institutions can use natively staked SOL as collateral for onchain borrowing, allowing them to earn staking rewards simultaneously.
- Anchorage acts as the collateral manager, overseeing loan-to-value ratios and margin requirements.
- Solana Company holds approximately 2.3 million SOL, making it the second-largest SOL-based digital asset treasury.
This partnership highlights increasing institutional interest in DeFi solutions while navigating an uncertain regulatory environment in the U.S., particularly concerning the proposed CLARITY Act aimed at defining digital asset regulations.
With this new structure, institutions can leverage their staked SOL without moving assets out of custody, potentially enhancing liquidity access while maintaining compliance with regulatory standards. (Source)
