Marinade Finance Powers First U.S. Solana ETF with Staking Feature
May 23rd, 2025
Marinade Finance has been named the staking provider for the first U.S. Solana ETF, filed by Canary Capital. The Canary Marinade Solana ETF leverages Marinade Select, a staking strategy using 30-40 KYC-verified validators to ensure compliance and decentralization on SOC 2-compliant infrastructure. Marinade, already partnered with Bitwise Europe and Coinbase Prime, strengthens its role in Solana’s staking ecosystem.