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crypto.news 2025-04-28 16:28:50

BitGo expands Solana staking with Marinade Native integration

BitGo announced today it has expanded its Solana staking program through a new integration with Marinade Native. Marinade Native is a popular staking protocol developed by Marinade Labs . The move allows BitGo clients to stake SOL directly from their wallets without giving up custody, tapping into competitive rewards while supporting Solana ( SOL ) network decentralization. This action makes BitGo the inaugural U.S.-qualified custodian to offer support for Marinade Native staking. Marinade Native offers two key features that differentiate it from traditional staking options: a Stake Auction Marketplace, where multiple validators bid for stake delegation to maximize user rewards, and Protected Staking Rewards, which reimburse users for validator underperformance, according to a company note shared with crypto.news. 🚨 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 pic.twitter.com/i8iGcgqM7h — Marinade 🛡️ (@MarinadeFinance) April 28, 2025 Validators participating in Marinade must also commit to an onchain bond that covers potential losses. “BitGo is committed to providing the best infrastructure and highest potential rewards for our clients to engage with Solana’s explosive growth,” said Jake O., Head of Ecosystem Sales at BitGo. BitGo’s access to Solana staking Marinade Labs CEO Michael Repetný added that offering fully non-custodial staking through BitGo makes it easier for individuals and institutions to access Solana’s staking economy while maintaining full asset control. Since its launch in 2023, Marinade Native has quickly grown into one of Solana’s largest staking platforms, with over 4.48 million SOL in total value locked, according to the company. BitGo’s integration marks another step toward institutional adoption of secure, non-custodial staking solutions on the Solana network. You might also like: IOTA price poised for a 95% surge as Rebased countdown continues

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