In a most delightful turn of events, the esteemed firm known as Canary Capital, which doth concern itself with the curious world of cryptocurrencies, hath declared Marinade Select as its chosen provider for the illustrious Canary Marinade Solana exchange-traded fund. One can only imagine the jubilation that must have ensued! 🎉
Marinade Labs, a most enterprising company that hath played a pivotal role in the introduction of the first Solana (SOL) staking protocol, is now the proud staking provider for the aforementioned ETF, as revealed in a most enlightening announcement shared with the good folks at crypto.news. How splendid! 🌟
In a rather formal amended filing with the U.S. Securities and Exchange Commission, Canary Capital hath bestowed upon Marinade the honor of being its provider. One can only hope that such a decision was made after much deliberation over tea and biscuits! ☕️
According to the amended S-1 filing, this asset management firm’s Solana ETF shall benefit from Select’s technology, ensuring the utmost security and compliance for this eagerly awaited venture. A wise choice indeed, for one must always be cautious in the realm of finance! 🧐
Marinade Select, an institutional-grade platform, is designed to offer access to staking solutions with a most commendable zero tolerance for any nefarious activities. One can only applaud such high standards! 👏
“Being selected as the exclusive staking provider for a U.S. Solana ETF is not just a milestone for us at Marinade, but it’s a major achievement for compliant, institutional-grade staking as a whole,” declared the ever-enthusiastic Michael Repetný, chief executive officer of Marinade Labs. How very grand! 🎩
“With Marinade Select, we’re creating a smarter path for institutional stakers, one that aligns high performance with compliance.” A most noble endeavor, indeed! 🏆
It is worth noting that the offering of Marinade Select is distinct from Marinade’s native staking product. Select specifically caters to institutional clients who seek a greater emphasis on compliance, performance, and security. Since its inception, Marinade hath managed over 10 million SOL, which is a staggering $2 billion worth of staked assets. Quite the accomplishment! 💰
The platform hath recently integrated with BitGo, a milestone that hath enabled it to extend Solana staking to institutions. One can only hope that this partnership brings forth a bountiful harvest of profits! 🌾
While the alliance with BitGo allows for expanded staking access for institutional investors, Marinade Native doth offer integration with Copper and Zodia, ensuring that all bases are covered. How very thorough! 🛡️
Canary Capital’s growing influence in the digital asset investment market is evidenced by its recent ETF filings for Sui, Hedera, Tron, and Litecoin. Not to mention, the firm hath also filed for an ETF for the ever-adorable Pudgy Penguins. One must wonder what delightful surprises await us next! 🐧
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2025-05-21 20:11