Cathie Wood’s ARK Invest taps SOL Strategies for Solana staking

2025/07/29 14:39

ARK Invest has migrated its Solana validator operations to Toronto-based SOL Strategies, a publicly traded firm with deep roots in crypto’s institutional infrastructure. The move signals a growing preference for specialized staking providers over traditional custodians.

Summary
  • ARK Invest has selected SOL Strategies to manage its Solana staking operations, marking a shift toward outsourced infrastructure for institutional crypto exposure.
  • Despite Solana’s $73.5 billion in staked assets, risks like validator slashing and network outages remain a challenge for operators in this maturing sector.

According to a press release dated July 28, ARK Invest has migrated validator operations for its Digital Asset Revolutions Fund to SOL Strategies, a Toronto-based firm specializing in Solana (SOL) infrastructure.

The partnership leverages SOL Strategies’ integration with BitGo’s custody platform, providing ARK with institutional-grade staking services while avoiding the operational overhead of running independent validators. The move follows ARK’s earlier investments in Solana-focused ETFs, signaling a deliberate shift toward structured yield strategies.

The institutional staking shift

ARK’s pivot to SOL Strategies reflects a broader institutional trend: the search for staking partners that offer both technical specialization and regulatory insulation. Unlike retail investors who might stake through exchanges, asset managers like ARK require infrastructure that meets compliance standards while minimizing slashing risks, a balance SOL Strategies achieves through its BitGo custody integration and Canadian regulatory standing.

SOL Strategies said it currently manages five validators with over 3.59 million Solana tokens, worth about $647 million, delegated. 88% of these tokens comes from third-party clients, suggesting institutional trust in its model.

Solana’s staking boom by the numbers

Data from Solana Compass reveals 403 million SOL, worth approximately $73.5 billion is currently staked. This represents a 22% increase year-to-date, a growth that coincides with Solana’s rising institutional adoption, evidenced by products like 3iQ’s Solana Staking ETF, in which ARK previously invested.

Yet risks persist: validator slashing penalties and Solana’s historical network outages remain concerns. SOL Strategies’ Q2 2025 financials show a $3.5 million net loss despite staking revenue growth, highlighting the capital-intensive nature of the business, though ARK’s backing could signal a turnaround.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

From ‘Static Holding’ to ‘Dynamic Income Growth’, Topnotch Crypto Ignites XRP’s Profit Engine

From ‘Static Holding’ to ‘Dynamic Income Growth’, Topnotch Crypto Ignites XRP’s Profit Engine

Topnotch Crypto has officially unveiled a new XRP -based cloud mining contract, marking a milestone in the evolution of digital currency utility. Designed to empower XRP holders, the platform now allows users to mine leading cryptocurrencies using XRP as both the funding and payout method. With this development, Topnotch Crypto is leading the way in offering innovative, low-barrier mining opportunities in the decentralized finance ecosystem. This launch comes at a time when passive income strategies in crypto are gaining widespread popularity, especially as users look for alternatives to hardware-intensive mining operations. Topnotch Crypto’s solution stands out by merging XRP’s transaction efficiency with a seamless contract-driven mining model – removing the barriers that once made mining difficult for the average investor. Turning Idle XRP into Daily Crypto Rewards The newly introduced XRP cloud mining contracts allow users to convert their idle XRP into productive digital assets by earning daily profits from cloud mining operations. With a starting point as low as $15, participants can begin generating passive income without purchasing or maintaining mining hardware. These fixed-term contracts provide users with full transparency on expected returns. Payouts are processed every 24 hours and can be withdrawn manually, offering a predictable income stream that is especially attractive in today’s volatile crypto market. Revolutionizing Cloud Mining with XRP Integration Traditionally, mining requires significant investment in physical infrastructure – ASICs, GPUs, cooling systems, and electricity. Now, through XRP-powered cloud mining, Topnotch Crypto offers a solution that is fast, secure, and free from technical complexity. Unlike Bitcoin or Ethereum , XRP cannot be mined through Proof-of-Work ( PoW ). Instead, Topnotch Crypto enables users to rent mining power for coins like BTC and LTC , funding those contracts entirely in XRP. The simplicity of this setup, paired with XRP’s near-zero transaction fees, creates a high-efficiency ecosystem that puts mining within reach of everyone. Contracts are available across multiple durations, from short-term trials to long-term income strategies. Whether a user is looking to dip a toe into mining or scale with reinvested profits, the flexibility is built in. How It Works: Easy Steps to Get Started Register an Account Signing up is quick and secure, requiring just an email address. Claim Your Sign-Up Bonus New users can receive a $15 bonus and start their first contract for free. Deposit XRP Users fund their account using XRP directly, without needing to convert from other tokens. Select a Mining Contract Choose from a wide range of options based on duration, expected returns, and minimum deposit. Activate and Earn Once a contract is purchased, mining begins automatically. Payouts are credited every 24 hours. Withdraw or Reinvest Users can manually withdraw earnings once they reach the minimum threshold or reinvest to grow their daily yield. This intuitive model is designed for all experience levels – from crypto veterans to first-time investors looking for a reliable entry point into digital asset accumulation. Why XRP? Speed, Stability, and Scalability XRP is one of the most liquid cryptocurrencies globally, known for its lightning-fast settlement and minimal fees. With its strong developer ecosystem and widespread adoption in payment systems, XRP is now carving a place in decentralized finance through utility-driven projects like Topnotch Crypto’s cloud mining platform. Using XRP as the primary mode of payment and reward provides users with enhanced flexibility, reduced conversion losses, and instant access to their earnings. This unique integration positions XRP as more than a payment token. It is now a viable tool for generating digital wealth. Transparency, Flexibility, and Daily Returns Topnotch Crypto provides users with a transparent dashboard where they can track earnings in real-time. Contract terms are clearly outlined, and returns are delivered based on real mining output – not speculative figures. With the freedom to withdraw or reinvest profits at any time, Topnotch Crypto makes it easier than ever to grow a crypto portfolio passively, securely, and flexibly. Setting a New Standard in Passive Crypto Income With this launch, Topnotch Crypto is setting a new standard for cloud mining services that combine innovation with simplicity. The XRP cloud mining contract is more than just a financial product. It’s a gateway for users to participate in the digital economy on their terms. As the crypto space continues to mature, solutions like these are helping everyday users unlock the potential of their digital assets, without being burdened by technical or financial hurdles.
Share
CryptoNews2025/07/29 22:59