#ARKUSDT
ARK Invest Selects SOL Strategies for Solana Staking.
Cathie Wood's ARK Invest appoints SOL Strategies for Solana staking, shifting operations to their infrastructure, with BitGo as the custodial partner.
This partnership underscores Solana's growing appeal to institutional investors, enhancing ARK's position in blockchain investments.
Cathie Wood's ARK Invest has partnered with SOL Strategies for Solana staking, integrating BitGo's custody solution for enhanced security and institutional reliability.
This partnership highlights increasing institutional interest in Solana, potentially boosting market confidence and encouraging further institutional adoption.
ARK Invest Chooses SOL Strategies for Staking Operations
ARK Invest, under CEO Cathie Wood, has chosen SOL Strategies as its Solana staking provider. This move transfers ARK's Solana validator operations to SOL Strategies, ensuring enterprise-grade support and engagement. BitGo provides the custodial backup for this partnership, facilitating secure staking operations for ARK. Leah Wald, CEO of SOL Strategies, views the partnership as validation of their institutional capabilities.