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DUBAI, UAE, Oct. 30, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency trade by buying and selling quantity, immediately introduced that its staked SOL token, bbSOL, is now supported for institutional custody by Anchorage Digital, dwelling to the primary federally chartered crypto financial institution in america.
This collaboration marks a major step in positioning bbSOL as an institutional-grade liquid staking token (LST) throughout the Solana ecosystem, providing regulated entities a trusted pathway to take part in on-chain yield technology.
bbSOL, Bybit’s exchange-backed staked SOL asset, allows customers and establishments to entry Solana staking rewards whereas sustaining liquidity and suppleness. With Anchorage Digital Financial institution’s safe custody answer, bbSOL holders can now get pleasure from bank-grade safety and compliance beneath U.S. federal oversight—constructing confidence amongst funds, asset managers, and enterprises in search of publicity to Solana DeFi.
“Anchorage Digital’s integration represents a significant leap in bbSOL’s evolution as an institutional-ready product,” mentioned Emily Bao, Head of Spot at Bybit and Founding father of Byreal. “By combining liquidity with regulatory assurance, we’re providing establishments a compliant and clear entry level into Solana’s DeFi panorama—anchored within the stability and integrity of Bybit.”
“We’re thrilled to unlock further alternatives for establishments to take part within the Solana ecosystem by liquid staking, backed by Anchorage Digital’s safety,” mentioned Nathan McCauley, CEO and Co-Founder, Anchorage Digital.
By way of Anchorage Digital’s infrastructure, bbSOL now bridges exchange-grade efficiency with institutional-grade safety. The partnership underscores Bybit’s dedication to shaping a safe, compliant, and yield-efficient gateway to decentralized finance for the subsequent wave of institutional contributors.
#Bybit / #CryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency trade by buying and selling quantity, serving a world group of over 60 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating a less complicated, open and equal ecosystem for everybody. With a powerful give attention to Web3, Bybit companions strategically with main blockchain protocols to offer sturdy infrastructure and drive on-chain innovation. Famend for its safe custody, numerous marketplaces, intuitive consumer expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and lovers to unlock the complete potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.
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