The expansion of SOL staking with Marinade Native delivers a transparent and secure staking process for institutions.
Digital asset custodian BitGo expanded its Solana staking rewards programme via a new integration with Marinade Native, a staking protocol developed by Marinade Labs, allowing BitGo clients to start staking SOL securely from within their BitGo wallets.
Marinade Native was selected due to its Stake Auction Marketplace (SAM) and Protected Staking Rewards (PSR) functionalities. When a BitGo client stakes with Marinade Native, multiple validators bid on the delegated staked SOL. Marinade’s protocol passes validator rewards back to the user, giving them a higher-than-market-average staking rewards rate.
BitGo clients retain custody of their Solana while staking with Marinade Native, and staking rewards are earned while their Solana remains securely in their wallets.
The Protected Staking Rewards feature also protects Marinade stakers, as it reimburses stakers for any unexpected underperformance of a validator in the stake pool.
“BitGo is committed to providing the best infrastructure and highest potential rewards for our clients to engage with Solana’s explosive growth,” said Jake O., Head of Ecosystem Sales at BitGo. “Through our integration with Marinade, our clients can stake Solana with confidence while contributing to the decentralisation and security of the network.”
“Anyone invested in the future of Solana should be staking,” said Michael Repetný, CEO of Marinade Labs. “And when ecosystem leaders like BitGo make a fully non-custodial option available for them to do so, it makes it easier for everyone — from individuals to institutions — to tap into Solana’s staking economy.”
“This integration with BitGo is a testament to how far staking, especially institutional-level staking on Solana, has come. It’s now a core component of institutional cryptoasset investment strategies,” said Hadley Stern, CCO at Marinade Labs. “By working with a trusted qualified custodian like BitGo, we’re ensuring that institutions have the secure, transparent, and non-custodial solutions they need to participate in the staking economy with confidence.”
