NYDFS-licensed Standard Custody brings Solana staking to institutions -Breaking
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Standard Custody & Trust Company, a digital asset custodian based in New York, has expanded its crypto offerings to include (SOL), giving institutional investors the ability to stake and custody the world’s sixth-largest cryptocurrency.
Beginning Wednesday, institutional investors will have the ability to interact directly with Solana’s rapidly growing ecosystem through both segregated and on-chain accounts, with staking services offered through Figment, an application layer solution provider for institutions. According to the company, it will also provide custody services to Solana Program Library tokens which is a compilation of on-chain programmes.
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