Anchorage Digital Bank Becomes First Federally Chartered Bank to Enable Solana Liquid Staking with JitoSOL

Anchorage Digital now supports minting and redemptions for JitoSOL, the liquid staking token of Jito, Solana’s largest liquid staking protocol. 

For the first time, SOL holders can access JitoSOL and liquid stake on Solana directly through a U.S. federally chartered bank, without needing to use third-party applications like WalletConnect to connect to the Jito app.

Institutions and SOL holders can participate in Solana liquid staking through:

• Anchorage Digital Bank NA, the first and only federally chartered crypto bank in the U.S., and the only federally chartered bank approved to offer staking, or
• Anchorage Digital Singapore, a Major Payment Institution licensed by the Monetary Authority of Singapore

The mint and redeem process takes only a few steps:

• Stake SOL to mint JitoSOL, which will be transferred directly to your wallet
• Collect staking and maximal extractable value (MEV) rewards while you hold your JitoSOL
• Redeem JitoSOL any time to unlock your staked SOL

For those who prefer self-custody, JitoSOL minting and redemption will soon be available through Porto, Anchorage Digital’s institutional-grade self-custody wallet. As with the Anchorage Digital platform, this will be a native staking flow—no third-party apps required.

“Anchorage Digital is proud to offer expanded support for JitoSOL, starting with custody and now delivering a seamless, custom-built mint and redeem experience right from our platform. We’re excited to make liquid staking on Solana accessible to a growing number of institutions, and to support the broader Solana ecosystem.”
– Nathan McCauley, CEO, Anchorage Digital

“As conversations around staking-enabled ETFs progress, liquid staking tokens like JitoSOL are increasingly considered a practical alternative to direct staking. With support for in-kind creation and redemption, primary and secondary market liquidity, and compatibility with a trusted partner like Anchorage Digital, JitoSOL satisfies many of the operational requirements that modern ETF issuers —  and other developers of regulated financial products — must address. This partnership brings us closer to integrating staking into the broader financial landscape.”
– Thomas Uhm, Chief Commercial Officer at Jito Foundation

This is Anchorage Digital’s first expansion of liquid staking beyond the Ethereum ecosystem. It reflects our continued commitment to supporting Solana, from SPL token custody to USDG on Solana.

If you would like to learn more about Anchorage Digital’s offerings, please get in touch.