Saturday, May 30, 2026
Catatonic Times
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
No Result
View All Result
Catatonic Times
No Result
View All Result

Anchorage Digital Backs Solstice as SLX Token Gains Institutional Support

by Catatonic Times
May 30, 2026
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


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.

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.



Source link

Tags: AnchoragebacksDigitalGainsInstitutionalSLXSolsticeSupporttoken
Previous Post

Trump Pushes Iran Ceasefire as Wall Street Posts Record Highs and Main Street Bleeds

Related Posts

Bitcoin Wyckoff Accumulation Is About To Do Something That No One Is Expecting
Bitcoin

Bitcoin Wyckoff Accumulation Is About To Do Something That No One Is Expecting

May 29, 2026
CFTC Cracks Open U.S. Market For Bitcoin And Crypto Perpetual Futures
Bitcoin

CFTC Cracks Open U.S. Market For Bitcoin And Crypto Perpetual Futures

May 29, 2026
Bitcoin Has Hit A Ceiling, Analyst Says No Buying Until Price Hits This Level
Bitcoin

Bitcoin Has Hit A Ceiling, Analyst Says No Buying Until Price Hits This Level

May 29, 2026
Wall Street Embraces Binance as Vaneck Launches First US Spot BNB ETF
Bitcoin

Wall Street Embraces Binance as Vaneck Launches First US Spot BNB ETF

May 29, 2026
BlackRock’s .3Bn IBIT Dark Pool Sale
Bitcoin

BlackRock’s $1.3Bn IBIT Dark Pool Sale

May 29, 2026
Bitcoin Flashes A Historic Supply Setup – But One Key Signal Still Remains Bearish
Bitcoin

Bitcoin Flashes A Historic Supply Setup – But One Key Signal Still Remains Bearish

May 29, 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Catatonic Times

Stay ahead in the cryptocurrency world with Catatonic Times. Get real-time updates, expert analyses, and in-depth blockchain news tailored for investors, enthusiasts, and innovators.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

Latest Updates

  • Anchorage Digital Backs Solstice as SLX Token Gains Institutional Support
  • Trump Pushes Iran Ceasefire as Wall Street Posts Record Highs and Main Street Bleeds
  • ‘He’s Full of Shit’: JP Morgan’s Jamie Dimon Takes Aim at Coinbase CEO Over Clarity Act
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.