Anchorage Digital has taken a strategic investment position in SLX, the native token of Solana-based protocol Solstice. The move adds another regulated institutional player to Solstice’s network as demand grows for auditable onchain yield products.
Key Takeaways:
Anchorage Digital invested in SLX, joining 20+ institutions backing Solstice.Solstice’s TVL topped $400M, highlighting demand for auditable onchain yield.Solstice and Anchorage may expand institutional solana adoption through USDG ties.The protocol said eUSX has operated for three years and has posted positive monthly returns in every quarter since launch. That track record, Solstice said, is directly auditable by regulated allocators. Total value locked across Solstice products exceeded $400 million as of May 20, 2026.
Anchorage Digital’s connection to Solstice also runs through the Global Dollar Network, a Paxos-led consortium of more than 100 institutions working on a regulated digital dollar. Both firms participate in the network. USDG, the network’s digital dollar, is one of the collateral assets backing USX.
Nathan McCauley, co-founder and CEO of Anchorage Digital, said Solstice had built an institutional-grade record rather than relying on market narrative. He said the link through the Global Dollar Network made the investment a natural next step.
He stated:
“Onchain yield is only as credible as the infrastructure behind it. We see Solstice as the kind of infrastructure that belongs in a regulated institution’s toolkit.”
Ben Nadareski, CEO of Solstice, said institutional capital requires more than attractive returns. Investors also need custody, compliance, reporting, and operational controls they can review before allocating funds.
Ben declared:
