Anchorage Digital has successfully integrated Marinade Finance into its platform, allowing institutional clients to stake Solana tokens using automated validator strategies while preserving asset custody.

According to the recent announcement made on Thursday, this integration permits clients to access Marinade’s staking methodologies directly within Anchorage’s custody and wallet framework, which includes its Porto self-custody wallet, without the need for external applications.

The integration facilitates a clear separation between staking allocation and withdrawal rights, enabling institutions to engage in validator selection and yield cultivation while retaining ownership of their assets.

Clients can opt for one of two staking methodologies: one distributes stakes among about 30 KYC-compliant validators suited for compliance-sensitive applications, including regulated products like exchange-traded funds (ETFs). The other strategy allocates stakes across a wider network of validators, enhancing yield potential.

Anchorage Digital X.com post re MarinadeFinance is now live on Anchorage Digital Anchorage Digital X.com post re MarinadeFinance is now live on Anchorage Digital

This integration can be accessed via Anchorage Digital’s platform and its Porto wallet, which unifies staking, custody, and asset management functionality in one user-friendly interface.

Anchorage Digital, headquartered in San Francisco, is the first federally chartered digital asset bank in the United States. Earlier this year, it was reported they were aiming to secure between $200 million and $400 million in new funding while considering an initial public offering (IPO) next year.

Related: Galaxy expands retail platform with SOL staking, targeting 6.5% yield

Institutional yield strategies continue to evolve from staking to Bitcoin DeFi

There’s a growing interest among institutions for yielding options on cryptocurrency holdings without needing to transfer assets out of custody, particularly as staking becomes favored by asset managers and product developers.

In February, Ripple enhanced its custody services through collaborations with Securosys and Figment, permitting banks and custodians to provide staking services without managing validators or keys, across both local and cloud setups, incorporating built-in compliance measures.

The following month, Anchorage Digital teamed up with Puffer Finance to facilitate liquid restaking on Ethereum, permitting clients to stake Ether (ETH) and receive pufETH, a transferable token that signifies a restaked position that still earns rewards.

While staking—earning rewards through network security—was historically exclusive to proof-of-stake assets, similar yield-generation techniques are being developed for Bitcoin (BTC) through decentralized finance (DeFi) integrations.

Lombard has recently collaborated with Bitwise Asset Management to enable institutions to achieve yield and lend against Bitcoin while keeping assets in custody, melding DeFi lending and tokenized real-world assets with infrastructure from Morpho.

Likewise, Fireblocks has incorporated Stacks to grant institutional participants access to Bitcoin-oriented lending and yield opportunities, utilizing faster block times while finalizing transactions on Bitcoin for secure settlements.