Anchorage Digital Joins Solana Developer Platform: Building the Institutional On-Ramp for the Next Generation of Finance
For more than a decade, institutions have watched blockchain technologies innovate from experiments to essential infrastructure. Today, the conversation has shifted from whether financial institutions will engage with blockchain to how quickly they can deploy real products that move money, assets, and value at the speed of the internet.
Home to America’s first federally chartered crypto bank, Anchorage Digital’s mission has always been to help institutions safely and compliantly participate in this transformation. As institutional adoption accelerates, ecosystems like Solana are introducing new tools designed to simplify how enterprises build and operate onchain.
The launch of Solana Foundation’s Solana Developer Platform (SDP) marks an important step in that evolution. The solution brings together a range of infrastructure providers through a unified API-driven interface. Anchorage Digital is proud to serve as a custody partner for SDP.
Supporting Institutional Activity on Solana
Anchorage Digital views Solana as an important partner in the ecosystem for institutions to begin deploying real financial infrastructure onchain. As part of this activity, Anchorage Digital has supported several flagship stablecoin deployments on Solana, including OSL’s USDGO, Ethena Labs’ USDtb, and Western Union’s forthcoming USDPT, with more than $100 million in Anchorage-supported stablecoins currently operating on the network.
These deployments reflect a broader trend: institutions increasingly recognize that stablecoins represent cheaper, faster, and more programmable forms of money.
Networks like Solana, with high throughput and sub-second transaction finality, provide the performance characteristics required to support these new financial systems. For institutions operating 24/7 globally, this enables faster capital movement, more efficient settlement, and financial applications that operate continuously rather than within traditional banking hours.
Simplifying Blockchain Infrastructure for Institutions
One of the primary barriers to institutional blockchain adoption has been operational complexity. Historically, deploying blockchain-based financial products required specialized engineering resources and fragmented infrastructure integrations.
New developer platforms, like SDP, are beginning to address these challenges by providing more familiar, API-driven environments that simplify how institutions interact with blockchain infrastructure.
Anchorage Digital complements these efforts by providing the regulated financial infrastructure institutions require behind the scenes, from custody and governance to transaction security and operational workflows.
For more information about Anchorage Digital, please get in touch.
About Anchorage Digital
Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through trading, staking, custody, governance, settlement, stablecoin issuance, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore; Anchorage Digital NY, which holds a BitLicense from the New York Department of Financial Services; and self-custody wallet Porto by Anchorage Digital. Anchorage Digital Bank also offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian. Anchorage Digital is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with a valuation of $4.2 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.
This post is intended for informational purposes only. It is not to be construed as and does not constitute an offer to sell or a solicitation of an offer to purchase any securities in Anchor Labs, Inc., or any of its subsidiaries, and should not be relied upon to make any investment decisions. Furthermore, nothing within this announcement is intended to provide tax, legal, or investment advice and its contents should not be construed as a recommendation to buy, sell, or hold any security or digital asset or to engage in any transaction therein.
Anchorage Digital Bank National Association offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian.
