Compass Investments

Crypto vs. Dollar

📌 Crypto.com and SOL Strategies have formed an alliance to support Solana’s infrastructure.

The Crypto.com CRO token also jumped more than 7% overnight, according to CoinMarketCap. . Sol

– The Crypto.com CRO token also jumped more than 7% overnight, according to CoinMarketCap.

– The partnership connects Crypto.com’s institutional-grade depository services with SOL Strategies’ proven validator network, representing an important step in strengthening Solana’s institutional adoption.

– Under the terms of the deal, SOL Strategies will distribute its Solana treasury assets through Crypto.com Custody, ensuring secure and regulatory-compliant storage of digital funds.

– At the same time, Crypto.com Custody customers – including institutional funds and high net worth individual investors – will have direct access to SOL Strategies’ corporate validator services, which now protect more than $1 billion in Canadian dollars of delegated assets.

– Eric Anziani, president and COO of Crypto.com, noted the growing demand for a robust infrastructure to manage digital assets.

– 1/ It’s time to shine the spotlight on our robust validator infrastructure! We bring together traditional finance and cryptocurrency with institutional-grade validators and aim to become the leader in steering services on Solana.

– The integration of SOL Strategies validators into Crypto.com Custody sends an important signal to participants in the Solana ecosystem. Institutional clients can now transfer their assets to trusted validators, and SOL Strategies gains a strong custodial partner for its own treasury.

– Michael Hubbard, Acting CEO of SOL Strategies, emphasized the dual benefits of the partnership.

– The collaboration underscores the increasing maturity of institutional interest in Solana. By providing custodial services based on Crypto.com’s robust platform and combining it with SOL Strategies’ infrastructure expertise, this partnership strengthens both sides of the digital equation: treasury protection and the efficiency of validator networks.

Bitcoin

Bitcoin

$103,996.14

BTC 2.59%

Ethereum

Ethereum

$3,470.31

ETH 4.57%

Binance Coin

Binance Coin

$994.90

BNB 4.50%

XRP

XRP

$2.35

XRP 5.83%

Dogecoin

Dogecoin

$0.18

DOGE 11.51%

Cardano

Cardano

$0.59

ADA 9.72%

Solana

Solana

$163.74

SOL 5.30%