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SOL Strategies & DigitalX Partner with BitGo to Unlock Institutional-Grade Solana Staking

SOL Strategies & DigitalX Partner with BitGo to Unlock Institutional-Grade Solana Staking

Author:
Cryptonews
Published:
2025-05-13 07:13:59
11
2

Wall Street meets blockchain—BitGo’s custody solution cracks open Solana staking for big-money players. Finally, institutions can ape into SOL without pretending to understand memecoins.

The institutional gateway: BitGo’s ironclad custody now supports SOL staking, letting hedge funds and family offices chase yield while maintaining plausible deniability about ’degen’ activity.

Why it matters: Solana’s 5.7% APY just became accessible to capital that normally requires 47 compliance sign-offs to buy a Starbucks latte. Expect liquidity inflows—and the inevitable ’institutional validation’ press releases.

The fine print: Minimum stake undisclosed (but let’s be real—if you’re asking, you’re not their target client). DigitalX handles the infrastructure while SOL Strategies markets the ’web3 revolution’ to C-suite execs who still think Proof-of-Stake is a courtroom term.

Another brick in crypto’s institutional facade—just don’t mention last week’s 12-hour network outage during the pitch meeting.

SOL Strategies Named Validator for DigitalX as Institutional Solana Staking Expands on BitGo

As part of the partnership, DigitalX will stake its Solana holdings through SOL Strategies, selecting the Canadian company as its validator.

SOL Strategies has developed a reputation for maintaining a performance-focused validator network that boasts consistent uptime and high security, ensuring that institutional clients can rely on a stable and efficient platform for their staking needs.

DigitalX, a company listed on the Australian Securities Exchange (ASX), specializes in managing blockchain investments and digital asset funds.

According to the announcement, the decision to partner with SOL Strategies aligns with DigitalX’s goal to increase its exposure to the Solana ecosystem while providing its clients with a secure and scalable solution for earning returns on their digital assets.

Leah Wald, CEO of SOL Strategies, commented on the collaboration, saying, “We’re thrilled to welcome DigitalX to our growing roster of institutional clients. Their decision to stake with us further validates the strength, security, and performance of the infrastructure we have built for sophisticated participants in the digital asset market.”

In addition, SOL Strategies’ integration with BitGo places it among a select group of institutional validator partners offering Solana staking through regulated custodians.

BitGo is one of the largest independent digital asset custodians in the world, providing institutional clients with secure and compliant solutions for managing their cryptocurrency assets.

By becoming part of BitGo’s platform, SOL Strategies strengthens its position in the institutional staking market while also providing DigitalX and other clients with access to high-yield Solana staking infrastructure that is secure, transparent, and compliant with regulatory standards.

This MOVE is expected to accelerate institutional adoption of Solana as a staking asset, offering an alternative to traditional financial assets and providing clients with competitive yields that are not typically available through conventional investment vehicles.

SOL Strategies Ramps Up Validator Expansion, Eyes On-Chain Equity with Superstate

SOL Strategies is also accelerating its role as a key institutional player in the Solana ecosystem with a series of major moves.

On March 17, 2025, the Canadian public company completed the acquisition of three Solana validators, including Laine and analytics platform Stakewiz.com.

The deal brings Laine’s high-performance validator infrastructure under SOL Strategies’ control, further consolidating its position in the Solana staking market.

On May 5, SOL Strategies deployed the full $20 million tranche from its $500 million convertible note facility, acquiring 122,524 SOL at an average price of $148.96.

The purchase was announced via X the following day, and it was described as “building the institutional backbone of @solana, one block at a time.”

🔗@solstrategies_ boosts Solana ecosystem with $20M purchase of 122K SOL, expanding validator infrastructure and pioneering yield-driven crypto finance.#Solana #Cryptohttps://t.co/VPuyokfTdv

— Cryptonews.com (@cryptonews) May 6, 2025

Just days later, on May 7, SOL Strategies revealed it was exploring bringing its equity on-chain.

The company signed a non-binding MOU with blockchain firm Superstate to tokenize its shares using the new “Opening Bell” platform, an SEC-compliant infrastructure for issuing and trading equities on-chain.

🚀A public firm eyes Solana for on-chain shares — @solstrategies_ teams with Superstate to explore tokenized equity. #Solana #Tokenization #solhttps://t.co/1x9NxqDt1a

— Cryptonews.com (@cryptonews) May 8, 2025

If executed, this move could position SOL Strategies as one of the first public companies to tokenize regulated equity on Solana, unlocking real-time settlement and global access for investors.

The firm’s validator footprint now spans over 3.3 million SOL across four nodes.

|Square

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