Close Menu
Crypto Startup
    Instagram
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Instagram
    Crypto StartupCrypto Startup
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Altcoins
      • Blockchain
      • DeFi
    • AI News
    • Stock News
    • Learn
      • Crypto for Beginners
      • AI for Beginners
      • AI Tips
      • Make Money with AI
    • Reviews
    • Tools
      • Best AI Tools
      • Crypto Market Cap List
      • Stock Market Overview
      • Market Heatmap
    • Contact
    Crypto Startup
    Home»Crypto News»Bitcoin»Anchorage Digital Backs Solstice as SLX Token Gains Institutional Support
    Anchorage Digital Backs Solstice as SLX Token Gains Institutional Support
    Bitcoin

    Anchorage Digital Backs Solstice as SLX Token Gains Institutional Support

    May 29, 20263 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    ledger


    Key Takeaways

    • Anchorage Digital invested in SLX, joining 20+ institutions backing Solstice.
    • Solstice’s TVL topped $400M, highlighting demand for auditable onchain yield.
    • Solstice and Anchorage may expand institutional solana adoption through USDG ties.

    Solstice Attracts Anchorage Digital Investment After $400M TVL Milestone

    Anchorage Digital has taken a strategic investment position in SLX, the native token of Solstice Finance, deepening its ties to one of Solana’s institutional yield platforms.

    Solstice announced the investment on May 28, following the protocol’s recent token generation event. Anchorage Digital now joins more than 20 institutions engaged with Solstice products, including Bullish, Bitcoin Suisse AG, Fasanara Capital, and RockawayX.

    The move is notable because Anchorage Digital is a federally regulated crypto platform serving institutional clients across custody, settlement, and other digital asset services. Its participation gives Solstice another regulated name as the protocol works to position itself as a yield infrastructure provider for professional investors on solana.

    Source: @solsticefi on X

    Solstice describes itself as a yield-as-a-service layer for institutional capital. Its products include USX, a solana-native overcollateralized stablecoin, and eUSX, an onchain delta-neutral yield strategy.

    kraken

    The protocol said eUSX has operated for three years and has posted positive monthly returns in every quarter since launch. That track record, Solstice said, is directly auditable by regulated allocators. Total value locked across Solstice products exceeded $400 million as of May 20, 2026.

    Anchorage Digital’s connection to Solstice also runs through the Global Dollar Network, a Paxos-led consortium of more than 100 institutions working on a regulated digital dollar. Both firms participate in the network. USDG, the network’s digital dollar, is one of the collateral assets backing USX.

    Nathan McCauley, co-founder and CEO of Anchorage Digital, said Solstice had built an institutional-grade record rather than relying on market narrative. He said the link through the Global Dollar Network made the investment a natural next step.

    He stated:

    “Onchain yield is only as credible as the infrastructure behind it. We see Solstice as the kind of infrastructure that belongs in a regulated institution’s toolkit.”

    Ben Nadareski, CEO of Solstice, said institutional capital requires more than attractive returns. Investors also need custody, compliance, reporting, and operational controls they can review before allocating funds.

    Ben declared:

    “Anchorage Digital taking a position in Solstice is a meaningful signal for what we have been building on Solana: onchain yield infrastructure designed to meet institutional standards.”

    The Anchorage Digital investment comes as institutions continue to test blockchain-based yield, stablecoin collateral, and tokenized settlement tools. For Solstice, the backing of a regulated crypto platform may help strengthen its claim that Solana can support institutional-grade financial infrastructure, not just retail trading activity.



    Source link

    coinbase
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Wall Street Ended Bitcoin’s Wild Rallies, Says Markus Thielen

    November 3, 2026

    Polymarket Bettor Nets $118K After Buying Cardinals at 1.4 Cents

    November 3, 2026

    Bitcoin ETF Outflows Hit $643M, but BlackRock Bucks Trend

    November 2, 2026

    From Cypherpunk Rebel to Wall Street Asset

    November 1, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    tradingview
    Latest Posts

    XRP: RIPPLE INSIDER FINALLY ADDRESSED THE QUESTION DIVIDING HOLDERS!

    November 3, 2026

    Day 1 Crypto for Beginners: 5 Steps Before You Buy Your First Coin

    November 3, 2026

    Powering up for a pivotal moment | MIT News

    November 3, 2026

    How to Build and Make Money from 100% AI Directory Websites

    November 3, 2026

    How to Make $150/hour with AI Training Job Sites Handshake AI(No Experience)

    November 3, 2026
    kukoin
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights

    North Korea Denies Involvement In Binance Hack-Questions the US

    November 3, 2026

    Agent economy data points show growth, but payment metrics remain noisy

    November 3, 2026
    ledger
    Instagram
    © 2026 CryptoStartup.news - All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.