Solana Staking Just Got Wackier — BitGo Teams Up with Marinade Native!
Picture this: BitGo, that shiny, serious custodian with a top hat, just shook hands with Marinade Native, the clever little staking whizzkid from Marinade Labs, and now your Solana tokens can dance and play — all while you keep your grubby paws firmly on the wallet! 🎩💰
Yes, dear reader, BitGo proudly announced it’s expanded its Solana staking program, teaming up with Marinade Native to let folks stake their SOL without surrendering custody. It’s like letting your money run a marathon but holding its leash tightly—a win-win spectacle!
BitGo is now the grand U.S. pioneer in supporting Marinade Native staking. Fancy, huh? It’s like being the first kid in the playground allowed to use the new shiny slide.
What’s Marinade Native, you ask? Oh, just a staking protocol that’s a bit like a wild bazaar: a Stake Auction Marketplace where validators (think of them as over-eager bidders at an auction) compete like seagulls fighting over chips for your stake delegation — all to snag the tastiest rewards for you. Plus, if your chosen validator decides to slack off, Marinade has the cheeky Protected Staking Rewards to make sure you don’t end up with an empty snack bag. 🍟🚫
🚨 Big news: @BitGo is now the first U.S.-qualified custodian to support Marinade Native staking.
Institutions can now stake Solana securely — with full custody, compliance, and the best rewards.
🎥 Hear from Marinade @hadleystern on this milestone — and dive in 👇
1/7
— Marinade 🛡️ (@MarinadeFinance) April 28, 2025
Those who want to play the validator game in Marinade must also pony up an onchain bond—a kind of “promise I won’t mess up” guarantee, or the crypto-world equivalent of better behaving in class.
Jake O., the Head Honcho of Ecosystem Sales at BitGo, charmingly bragged, “We’re all about giving our clients the best infrastructure and the juiciest rewards to ride Solana’s rocket-fueled growth.” Sounds like a blast-off, doesn’t it? 🚀
BitGo’s Magical Doorway to Solana Staking
Meanwhile, Michael Repetný, the big cheese at Marinade Labs, chimed in, waving his wand to say that BitGo’s fully non-custodial staking makes it a breeze for both individual treasure hoarders and towering institutions to dive headfirst into the Solana staking pool—while keeping all their gold coins safely tucked away.
Since its grand debut in 2023, Marinade Native has ballooned into one of Solana’s Mightiest Staking Platforms, boasting over 4.48 million SOL nestled safely inside. That’s a lot of shiny marbles!
BitGo’s latest move is another cheeky step toward getting big institutions on the Solana staking wagon—without them losing their hats or wallets along the way.
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2025-04-28 19:34