The move strengthens bbSOL’s position as a trusted, institutional-grade liquid staking token (LST) in the Solana ecosystem.

It provides a compliant pathway for regulated entities to participate in decentralized finance with confidence.

Anchorage Digital Brings Bank-Level Security to Solana Staking

Liquid staking allows investors to earn rewards for securing a blockchain while keeping their tokens available for other uses. bbSOL, Bybit’s version of a staked SOL token, lets users enjoy Solana staking rewards without locking up their funds. With Anchorage Digital’s integration, bbSOL holders can now store their assets under bank-grade custody, benefiting from both federal oversight and institutional compliance standards.

This partnership represents a major milestone in the merging of traditional finance and decentralized innovation. Bybit’s Head of Spot and Founder of Byreal, Emily Bao, called the collaboration “a major leap in bbSOL’s evolution as an institutional-ready product.” She added that combining liquidity with regulatory assurance gives institutions “a compliant and transparent entry point into Solana’s DeFi landscape.”

Anchorage Digital, known for safeguarding assets for institutions such as Visa and Franklin Templeton, now extends that protection to bbSOL. Nathan McCauley, CEO and Co-Founder of Anchorage Digital, said the team is “thrilled to unlock additional opportunities for institutions to participate in the Solana ecosystem through liquid staking.”

More About SOL’s Institutional Adoption

Solana-focused ETFs saw a total of $47.9 million in inflows yesterday, driven primarily by Bitwise’s $BSOL, which attracted $46.5 million on its own. Grayscale’s $GSOL contributed an additional $1.4 million, highlighting growing investor interest in gaining exposure to Solana through regulated investment vehicles.

This surge reflects a broader trend of increased institutional and retail appetite for blockchain-based assets, especially those offering a simple, accessible way to participate in Solana’s ecosystem without directly holding the token.

Disclaimer

The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.

The post Bybit’s bbSOL Gains Institutional Custody with Anchorage appeared first on Altcoin Buzz.

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