Solana Company Launches Native Custody Framework for Institutional DeFi Access

Solana Company, Anchorage Digital, and Kamino have jointly introduced what marks a significant breakthrough in institutional-grade on-chain finance. The trio unveiled the first digital asset treasury enabling natively integrated borrowing against staked SOL while maintaining qualified custody standards—a development that reshapes how institutions access decentralized lending markets without compromising security or compliance frameworks.

The innovation centers on a tri-party custody architecture where Anchorage Digital serves as collateral manager, orchestrating natively staked SOL positions while institutions simultaneously earn staking rewards and unlock borrowing capacity on Kamino’s lending protocol. All assets remain segregated within Anchorage Digital Bank accounts, meaning institutions never relinquish custody even as their holdings generate productive on-chain yield.

How Native Integration Changes the Game

Traditional institutional participation in DeFi required uncomfortable trade-offs: either hold assets through unregulated on-chain channels or forgo yield entirely. This framework eliminates that friction through Atlas, Anchorage Digital’s collateral management suite, which automates natively staked SOL monitoring 24/7. The system handles loan-to-value ratio oversight, orchestrates margin movements, and executes rules-based liquidations—all while collateral remains natively held under regulated custody.

What distinguishes this structure is that SOL never leaves qualified custody. Institutions maintain their existing compliance workflows and risk management protocols while accessing real-time on-chain liquidity. “This solves the core tension institutions face,” noted Cosmo Jiang, General Partner at Pantera Capital and Board Member of Solana Company. “Regulated custody and on-chain borrowing can work together seamlessly. We believe this blueprint becomes the standard other treasury companies and institutional investors will demand.”

Why Now: The SOL Advantage

Solana’s native infrastructure makes it particularly suited for this model. SOL offers ~7% protocol-level staking yield by design, unlike non-productive assets like BTC. Combined with Solana’s network performance—processing 3,500+ transactions per second with 3.7 million daily active wallets—the foundation exists for scaled institutional participation. Current SOL pricing sits around $85.23, reflecting the network’s growing institutional adoption momentum.

The collaboration also demonstrates Solana’s evolution beyond retail-focused perception. The network has become the fastest-growing blockchain, processing over 23 billion transactions across 2025-2026, while institutional-grade infrastructure components are reaching maturity.

Repeatable Blueprint for Enterprise Finance

Anchorage Digital’s Head Strategy Officer and Kamino’s leadership emphasized the model’s extensibility. This architecture isn’t proprietary to Solana Company—it’s designed for replication by other investment funds, venture firms, and protocols targeting institutional capital. The natively integrated approach provides a framework that other market participants can adopt, potentially reshaping how treasury companies structure asset management and lending participation across blockchain networks.

As institutions continue demanding on-chain yield without custody compromise, this tri-party model offers a scalable template. By keeping collateral natively positioned and custody federally regulated, the structure bridges the operational gap that has long separated institutional finance from decentralized protocols.