Anchorage Digital announced on Friday that it has created a new model that allows institutions to borrow against their staked Solana assets while maintaining custody in a regulated manner. The model was created in collaboration with Kamino and Solana Company.
This model has been developed to address the current issues of operation that hindered access to decentralized borrowing for institutions.
The update expands Anchorage Digital’s Atlas platform to integrate the Kamino protocol. Kamino is a Solana-based lending system that supports on-chain borrowing.
The Solana Company is established to act as a public treasury for Solana and was developed with the help of Pantera Capital and Summer Capital.
Anchorage Digital Eases Institutional Barriers in DeFi
With this new model, it has become possible for users to make use of native staked SOL for borrowing purposes. These assets will remain inside the Anchorage Digital Bank. The US banking regulators have federally chartered and supervised this bank.
No movement of assets to smart contracts will be needed, which has been a major concern for regulated parties.
Anchorage said the structure solves a longstanding challenge for large institutions. Many of them avoid decentralized lending due to the risk of smart contract exposure, which can impair custody. This structure maintains custody while providing access to on-chain credit.
The launch comes at a good time, considering the increased interest of institutions in DeFi. However, the regulatory environment in the US has been unclear.
The government has been discussing the regulations of digital assets and decentralized protocols, with resolutions still pending for some of the provisions.
Also Read: The GENIUS Act and MiCA: A Two-Tier Future for Stablecoins in 2026
In the debate on the regulations of digital assets and decentralized protocols in the US is the CLARITY Act. This bill seeks to clarify the jurisdictional boundaries of digital assets. Additionally, it aims to raise the bar for decentralized system regulations.
Debate Over DeFi Regulation Intensifies
The CLARITY Act can help solve the problems associated with the regulations of digital assets and decentralized protocols. However, the drafts of the bill are yet to be clear on the regulations of decentralized governance roles.
There are concerns from various industry groups regarding the amendments to the bill. Various industry groups attribute this to the amendments’ failure to distinguish between decentralized systems and centralized intermediaries. These changes can limit the development of protocols.
The Trump administration recently met with various stakeholders on the bill to discuss feedback. The purpose of this meeting is to deliberate on DeFi oversight, risk regulations, and market structure. However, the outcome of the meeting has yet to be released.
The recent launch of the structure by Anchorage Digital has demonstrated the demand for custody, compliance, and risk, which are on par with the traditional financial industry.
Borrowing against staked SOL without impairing custody has removed a significant barrier. It may accelerate institutional participation in decentralized lending.
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