Anchorage Digital Expands Institutional Access to Solana DeFi With Jupiter Integration

Anchorage Digital is integrating Jupiter, a swap and liquidity aggregator, into its institutional self-custody wallet, Porto. This move aims to simplify crypto-to-crypto swaps and enhance decentralized finance (DeFi) processes while reducing dependency on third-party applications. The integration is part of Anchorage's strategy to support institutions looking to engage with DeFi securely. CEO Nathan McCauley emphasized the importance of building a robust infrastructure for true institutional adoption of DeFi. The initiative comes amid increasing interest in Solana among institutional investors, which has seen significant inflows into Solana exchange-traded products year-to-date. This growing engagement with Solana is partly attributed to a friendlier regulatory environment in the U.S., promising further developments in institutional crypto investments and services.

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