Anchorage and Kamino Introduce Innovative SOL Borrowing Framework

Anchorage and Kamino have unveiled a framework for institutions to borrow against staked SOL, keeping assets securely in custody amid DeFi regulation discussions.

Anchorage and Kamino have launched a groundbreaking framework that enables financial institutions to leverage their staked SOL assets without the need to transfer custody. This development comes at a critical time as US lawmakers engage in discussions regarding the regulation of decentralized finance (DeFi).

By adopting this new approach, institutions can borrow against their staked SOL holdings, ensuring that the assets remain under secure custody while still providing access to liquidity. This innovation is set to attract more institutional players into the crypto space as they look for ways to maximize their staked assets' potential.