BitGo and Jupiter unveil secure institutional Solana staking
6.9 Banking BitGo and Jupiter launched a validator for institutions to stake SOL directly from BitGo custody, earning rewards while maintaining security and compliance. The solution streamlines institutional staking.
BitGo and Jupiter have partnered to launch the Jupiter x BitGo validator, enabling institutional clients to stake Solana (SOL) directly from their regulated BitGo custody accounts without moving assets out of cold storage. This integration allows institutions to earn both inflation rewards and MEV (maximum extractable value) from staking, while maintaining compliance and security standards. Features include up to $250 million in insurance and bankruptcy-remote asset segregation. Jupiter operates the validator independently, with BitGo having no control over its performance. The solution streamlines staking workflows for institutions, eliminating the need to interact with external smart contracts and preserving corporate governance requirements. Unstaking is subject to Solana’s protocol-level deactivation period. This initiative marks a significant step in expanding institutional participation in the Solana ecosystem, offering a regulated and efficient way for large-scale investors to contribute to network security and earn rewards.
