advertisement
DUBAI, UAE, October 30, 2025 /PRNewswire/— Bybitthe world’s second largest cryptocurrency exchange by trading volume, announced today that its staked SOL token, bbsolis now supported by institutional custody from Anchorage Digital, home of the first federally chartered cryptobank in the United States.
This collaboration It marks a significant step in positioning bbSOL as an institutional-grade liquid staking token (LST) within the Solana ecosystem, offering regulated entities a trusted path to participate in on-chain yield generation.
bbSOL, the SOL asset backed by Bybit exchange, allows users and institutions to access Solana staking rewards while maintaining liquidity and flexibility. With Anchorage Digital Bank’s secure custody solution, bbSOL holders can now enjoy bank-grade security and compliance under US federal supervision, building trust among funds, asset managers, and companies seeking exposure to Solana DeFi.
“The integration of Anchorage Digital represents a major leap in the evolution of bbSOL as an institution-ready product,” he said. Emily Bao, Head of Spot at Bybit and founder of byreal. “By combining liquidity with regulatory assurance, we offer institutions a transparent and compliant entry point into Solana’s DeFi landscape, anchored in the stability and integrity of Bybit.”
“We are thrilled to unlock additional opportunities for institutions to participate in the Solana ecosystem through liquid staking, backed by the security of Anchorage Digital,” said Nathan McCauley, CEO and co-founder of Anchorage Digital.
Through Anchorage Digital’s infrastructure, bbSOL now unites exchange-grade performance with institutional-grade protection. The partnership underscores Bybit’s commitment to shaping a secure, compliant, and performance-efficient gateway to decentralized finance for the next wave of institutional participants.
#Bybit / #CryptoArk
About Bybit
Bybit is the world’s second largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, more open and equal ecosystem for everyone. With a strong focus on Web3, Bybit strategically partners with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, allowing builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, visit Bybit Press
For media inquiries please contact: [email protected]
For updates, follow: Bybit communities and social networks
Discord | Facebook | instagram | LinkedIn | reddit | Telegram | tiktok | unknown | YouTube
[newsletter_form lists=”1″]
