Anchorage Adds Marinade Staking for Institutional Solana Custody
Anchorage Digital integrated Marinade Finance so institutional clients can stake Solana while keeping custody and withdrawal control on Anchorage’s platform and Porto wallet.
Anchorage Digital announced Thursday that it integrated Marinade Finance into its custody platform, allowing institutional clients to stake Solana tokens through Marinade’s automated validator strategies while Anchorage retains custody of assets and control over withdrawals.
The integration offers two validator strategies. One spreads stake across about 30 KYC-verified validators intended for compliance-focused products, including exchange-traded funds. The other distributes stake dynamically across a broader set of hundreds of validators to pursue higher yield.
Clients can access Marinade’s staking options directly inside Anchorage’s custody platform and its Porto self-custody wallet, without using external applications. Anchorage separated staking delegation from withdrawal authority so institutions can choose validators and earn rewards while maintaining withdrawal control.
Porto combines custody, staking and asset management in a single interface and is presented as a self-custody wallet that lets clients manage staking and custody within Anchorage’s infrastructure.
Anchorage Digital is based in San Francisco and operates the first federally chartered crypto bank in the United States. In January the company was reported to be seeking $200 million to $400 million in new funding as it considers a potential initial public offering next year.
The Marinade integration follows earlier product additions by Anchorage, including a partnership with Puffer Finance for liquid restaking on Ethereum that issues a transferable restaked token, pufETH, which continues to earn rewards. Other custody providers have added integrations that let banks and institutional custodians offer staking without running validators or managing operator keys.
Institutional interest in earning yield while keeping assets in custody has expanded beyond staking of proof-of-stake tokens. Some providers have combined decentralized finance lending with tokenized real-world assets to enable yield and borrowing on Bitcoin without removing assets from custody, and other integrations offer Bitcoin-based lending and yield with settlement on Bitcoin for finality.
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