Cathie Wood's ARK partners with SOL Strategies for Staking
Cathie Wood’s ARK Invest has selected Canada-based SOL Strategies as its exclusive staking partner for the Digital Assets Revolutions Fund. This initiative aims to meet the growing institutional interest in yield-generating cryptocurrency exposure, particularly in Solana. Under this partnership, ARK Invest will shift its validator operations to the SOL Strategies infrastructure, which supports institutional and enterprise clients by offering compliant staking services. Currently, SOL Strategies manages five validators with over 3.59 million SOL in assets under delegation. The announcement highlights a trend among institutional investors seeking yield alongside potential price appreciation in crypto assets. As the regulatory environment in the U.S. becomes clearer, more traditional financial entities, including family offices and asset managers, are looking for products that offer structured access to cryptocurrencies, particularly Solana. ARK Invest's ongoing engagement in the crypto space, including its investments in Bitcoin ETFs and other digital assets, underscores its commitment to the evolving landscape of cryptocurrencies.
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