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Anchorage Digital Backs Solstice as SLX Token Gains Institutional Support

by Catatonic Times
May 30, 2026
in Bitcoin
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Key Takeaways

Anchorage Digital invested in SLX, becoming a member of 20+ establishments backing Solstice.Solstice’s TVL topped $400M, highlighting demand for auditable onchain yield.Solstice and Anchorage might broaden institutional solana adoption by USDG ties.

Solstice Attracts Anchorage Digital Funding After $400M TVL Milestone

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

Solstice introduced the funding on Might 28, following the protocol’s current token technology occasion. Anchorage Digital now joins greater than 20 establishments engaged with Solstice merchandise, together with Bullish, Bitcoin Suisse AG, Fasanara Capital, and RockawayX.

The transfer is notable as a result of Anchorage Digital is a federally regulated crypto platform serving institutional purchasers throughout custody, settlement, and different digital asset providers. Its participation offers Solstice one other regulated identify because the protocol works to place itself as a yield infrastructure supplier for skilled buyers on solana.

Anchorage Digital Backs Solstice as SLX Token Gains Institutional Support
Supply: @solsticefi on X

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

The protocol stated eUSX has operated for 3 years and has posted constructive month-to-month returns in each quarter since launch. That monitor file, Solstice stated, is instantly auditable by regulated allocators. Complete worth locked throughout Solstice merchandise exceeded $400 million as of Might 20, 2026.

Anchorage Digital’s connection to Solstice additionally runs by the World Greenback Community, a Paxos-led consortium of greater than 100 establishments engaged on a regulated digital greenback. Each corporations take part within the community. USDG, the community’s digital greenback, is likely one of the collateral belongings backing USX.

Nathan McCauley, co-founder and CEO of Anchorage Digital, stated Solstice had constructed an institutional-grade file relatively than counting on market narrative. He stated the hyperlink by the World Greenback Community made the funding a pure subsequent step.

He acknowledged:

“Onchain yield is just as credible because the infrastructure behind it. We see Solstice because the form of infrastructure that belongs in a regulated establishment’s toolkit.”

Ben Nadareski, CEO of Solstice, stated institutional capital requires greater than engaging returns. Buyers additionally want custody, compliance, reporting, and operational controls they will assessment earlier than allocating funds.

Ben declared:

“Anchorage Digital taking a place in Solstice is a significant sign for what we have now been constructing on Solana: onchain yield infrastructure designed to fulfill institutional requirements.”

The Anchorage Digital funding comes as establishments proceed to check blockchain-based yield, stablecoin collateral, and tokenized settlement instruments. For Solstice, the backing of a regulated crypto platform might assist strengthen its declare that Solana can assist institutional-grade monetary infrastructure, not simply retail buying and selling exercise.

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Tags: AnchoragebacksDigitalGainsInstitutionalSLXSolsticeSupporttoken
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