Regulated Custody SOL Lending Goes Live Via Anchorage-Kamino

Institutions borrow against staked Solana without leaving regulated custody.

  • Anchorage Digital has integrated with Kamino and Solana Company to let institutions borrow against staked Solana without moving assets from regulated custody.
  • The structure allows investors to maintain staking rewards while accessing onchain liquidity, with Anchorage managing loans and potential liquidations.
  • The initiative unfolds as U.S. lawmakers debate the CLARITY Act, which aims to set digital asset rules but faces criticism for not adequately addressing DeFi.
  • Solana Company is the second-largest SOL-based digital asset treasury, holding 2.3 million tokens, according to CoinGecko data.

On Friday, Anchorage Digital announced a partnership with Kamino and Solana Company to launch a novel institutional lending structure on Solana. This initiative allows firms to borrow against staked SOL while the assets remain in federally chartered custody.

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Consequently, institutions can access liquidity from Kamino’s decentralized markets without sacrificing their staking rewards. Anchorage acts as collateral manager, overseeing loan metrics and liquidations.

The collaboration involves Solana Company, a publicly traded treasury created with Pantera and Summer Capital. This entity holds a massive position, confirmed by treasury data.

However, this institutional DeFi momentum faces a U.S. regulatory landscape in flux. The proposed CLARITY Act seeks to establish clearer standards for digital assets like DeFi protocols.

Meanwhile, industry groups argue the bill’s language fails to distinguish centralized intermediaries from decentralized systems. The Trump administration recently met with industry representatives to address the deadlock over these provisions.

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