TLDR:
- Bybit’s staked SOL token, bbSOL, now gains institutional custody via Anchorage Digital’s regulated platform.
- Anchorage Digital’s custody solution brings federal compliance and security to Bybit’s Solana liquid staking product.
- The partnership positions bbSOL as an institutional-ready asset bridging exchange liquidity with bank-grade protection.
- Institutional investors can now access Solana staking yields with regulatory assurance through Anchorage Digital Bank.
Bybit’s staked Solana token, bbSOL, has gained institutional-grade custody through Anchorage Digital, a federally chartered crypto bank. The move allows regulated investors to securely access Solana’s staking ecosystem without liquidity restrictions.
Moreover, it marks a new phase of institutional participation in blockchain-based yield products.
Anchorage Digital’s custody integration ensures bbSOL can now be held within a fully regulated environment. This allows institutional clients to stake SOL while maintaining liquidity through bbSOL’s tokenized structure.
Consequently, Bybit strengthens its position as one of the few exchanges offering compliant staking exposure under U.S. federal oversight.
The partnership aims to align Bybit’s staking products with Anchorage Digital’s secure and regulatory-compliant custody infrastructure. It also reflects the growing demand from institutions seeking reliable ways to participate in staking without managing private keys.
Bybit described the integration as a strategic step toward bridging centralized trading with decentralized yield solutions.
Anchorage Digital Expands Regulated Staking Options
Anchorage Digital said bbSOL’s addition supports its mission to make compliant crypto yield products available to large investors. The bank’s custody platform offers insurance protection, secure key management, and regulatory supervision.
Additionally, its services meet the due diligence standards required by asset managers and funds.
Bybit’s bbSOL allows users to stake SOL and receive tokenized rewards without locking their funds. The structure maintains liquidity while providing exposure to Solana’s staking yield.
However, until now, institutional access to such assets has been limited by regulatory uncertainty and custody concerns.
The integration addresses these challenges by pairing Anchorage’s secure custody with Bybit’s on-chain staking mechanism. This combination ensures bbSOL operates under federal banking supervision while maintaining on-chain transparency.
Moreover, it gives institutions an entry point into Solana’s DeFi ecosystem with reduced operational risk.
Bridging DeFi and Institutional Finance
Both firms view the collaboration as a foundation for future institutional partnerships. Bybit said the move aligns with its goal of expanding regulated DeFi participation.
Anchorage Digital echoed that sentiment, emphasizing the industry’s shift toward compliant yield products and institutional custody solutions.
Such partnerships are becoming increasingly common as exchanges seek to satisfy institutional compliance requirements. Consequently, bbSOL’s regulated custody model may serve as a blueprint for similar integrations across other blockchain networks.
The development underlines a broader evolution within the crypto industry. As institutions prioritize security and regulatory clarity, custodians like Anchorage Digital are becoming central to the next phase of digital asset adoption.
Bybit’s integration reflects that momentum: offering liquidity, compliance, and accessibility within a single tokenized framework.
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