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Canary Capital Bets Big on Marinade Select for Solana ETF Staking—Wall Street Plays Catch-Up
Canary Capital Bets Big on Marinade Select for Solana ETF Staking—Wall Street Plays Catch-Up
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Solana’s institutional adoption gets a turbocharge as Canary Capital taps Marinade Select—the liquid staking heavyweight—to power its upcoming ETF. Move over, legacy finance; the yield game just got decentralized.
Why it matters: This isn’t your grandma’s bond fund. By choosing Marinade’s battle-tested staking infra, Canary signals that institutional-grade crypto yield can’t be replicated with spreadsheets and vague promises of ’market-beating returns.’
The punchline: While traditional asset managers still debate proof-of-stake vs. proof-of-work, forward-thinking funds are locking in APYs that’d make a hedge fund manager blush. Just don’t ask them to explain the blockchain part.
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