Anchorage and Kamino Enable Institutional SOL Borrowing Without Leaving Custody

Anchorage Digital has partnered with Kamino Finance and Solana Company to introduce a structure allowing institutions to borrow against staked Solana (SOL) while keeping assets in qualified custody.

The framework integrates Anchorage’s Atlas collateral management platform with Kamino’s onchain lending markets. Under the model, institutions can use natively staked SOL as collateral without transferring tokens into smart contracts. Assets remain held at Anchorage Digital Bank, enabling investors to continue earning staking rewards while accessing liquidity.

Anchorage oversees loan-to-value ratios, margin requirements and potential liquidations, acting as collateral manager throughout the process. The structure is designed to remove a key barrier for regulated entities that have historically been unable to participate in decentralized finance due to custody constraints.

DeFi Growth Meets Regulatory Uncertainty

The rollout comes as US lawmakers debate oversight of decentralized finance through the proposed CLARITY Act. The bill seeks to define regulatory jurisdiction and establish clearer standards for digital assets, though questions remain around how decentralized protocols will be treated under federal law.

As institutional interest in Solana-based lending grows, regulatory clarity may determine how quickly similar custody-integrated DeFi models expand.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.