Asset management firm VanEck has partnered with digital asset platform Kiln to incorporate Solana staking into its offerings. This collaboration is part of VanEck’s broader Solana Strategy, which aims to provide regulated access to Solana’s network for institutional investors through products like ETFs and ETNs. Kiln’s role in the partnership is to simplify Solana staking by managing the technical aspects, allowing VanEck’s clients to benefit from staking rewards without having to directly handle SOL tokens. This arrangement aims to make Solana staking more accessible and straightforward for investors, aligning with VanEck’s goal of bridging traditional finance with digital assets. VanEck has demonstrated a positive outlook on Solana, even filing for the first Solana ETF in June and predicting that SOL could capture a significant portion of Ethereum’s market capitalization. With Solana’s growth driven by the liquid staking trend, VanEck positions itself as a primary avenue for institutional investments in SOL. Kiln’s CEO, Laszlo Szabo, expressed excitement for the collaboration, seeing it as a significant step in providing seamless staking access to institutional clients. VanEck envisions Solana as a key player in the digital asset market, alongside Bitcoin and Ethereum, with long-term growth potential.
