Institutional DeFi Access Expands
Anchorage Digital is bringing Jupiter’s Solana swap and liquidity aggregation directly into its Porto institutional wallet. This integration means traditional finance clients can now execute crypto-to-crypto swaps and access DeFi services without leaving the Porto dashboard.
I think this move addresses something institutions have been struggling with – that delicate balance between accessing decentralized applications and managing third-party risks. The integration aims to reduce trade slippage while keeping everything within a secure, compliant environment.
Solana’s Growing Institutional Appeal
The timing seems significant. Last week alone, Solana exchange-traded products pulled in nearly $300 million in investments – more than any other major altcoin including Bitcoin and Ethereum. Year-to-date, those Solana ETPs have seen almost $1.9 billion in inflows.
But it’s not just about current flows. Several major traditional finance firms including Fidelity, VanEck, and Franklin Templeton are reportedly preparing Solana-focused ETFs for U.S. exchanges. SEC approvals could come as early as this week, which would likely drive even more institutional interest.
Building Institutional Infrastructure
Anchorage’s CEO Nathan McCauley emphasized that true institutional DeFi adoption requires infrastructure meeting high security and compliance standards. The Jupiter integration represents what he calls a “critical step” in building that foundation specifically for Solana.
Meanwhile, Jupiter itself has been expanding its offerings to meet growing demand. The platform announced plans in July to introduce a new lending product later this summer, showing how the ecosystem continues to evolve.
Regulatory Progress and Expansion
Anchorage has been building momentum across multiple fronts. In late August, the U.S. Office of the Comptroller of the Currency terminated a cease-and-desist order against the company, citing improved safety and soundness.
The company also secured a New York BitLicense in December – notoriously difficult to obtain – allowing it to serve institutions in the world’s financial capital. Earlier this year, Anchorage launched its Porto wallet, and more recently partnered with Ethena Labs to support their $1.8 billion USDtb stablecoin.
This gradual expansion across regulatory approvals, product launches, and strategic partnerships suggests Anchorage is methodically building the infrastructure needed for broader institutional crypto adoption, particularly in the DeFi space.
