ARK Invest has selected SOL Strategies as its exclusive staking provider for Solana assets, significantly enhancing the operational framework of its Digital Assets Revolutions Fund. The collaboration incorporates BitGo’s institutional custody platform to strengthen security and scalability in staking operations.
SOL Strategies currently manages 3.59 million SOL tokens staked across the network, with 12% internally funded capital and the remaining 88% delegated by 5,700 independent delegators. Reward distributions follow Solana’s epoch-based protocol design.
The BitGo integration aims to establish a fully compliant custody framework for institutional participants, mitigating operational risks in staking activities. This partnership emerged despite SOL Strategies reporting a $3.5 million net loss in the second quarter, underscoring the firm’s institutional credibility.
ARK’s strategic focus centers on integrating blockchain-native yields through regulated products, having previously supported Solana and Ethereum exchange-traded funds featuring staking components.