Anchorage Digital Strengthens Ties with Solstice through SLX Investment
- Anchorage Digital invested in SLX, the native token of Solstice Finance, on May 28.
- Solstice’s total value locked (TVL) surpassed $400 million as of May 20, highlighting institutional demand for auditable onchain yield.
- The investment aligns with Anchorage’s participation in the Global Dollar Network, supporting USDG as collateral for Solstice’s USX stablecoin.
- More than 20 institutions, including Bullish and Bitcoin Suisse AG, are engaged with Solstice products.
Anchorage Digital’s investment in SLX enhances its position within the DeFi ecosystem on Solana. This move underscores the growing interest in blockchain-based yield strategies among institutional investors and highlights Solstice’s ability to meet regulatory standards.
With a TVL exceeding $400 million, Solstice continues to attract significant institutional backing, positioning itself as a key player in providing regulated yield infrastructure on Solana. (Source)
