Core Insights - Solana Company, Anchorage Digital, and Kamino have launched a tri-party custody model to attract institutional capital to Solana's DeFi ecosystem, allowing institutions to earn staking rewards while accessing on-chain liquidity [1][2][3] Group 1: Institutional Collaboration - The collaboration aims to provide a scalable model for institutional investors, demonstrating how regulated custody can work with on-chain borrowing and lending [3][4] - Anchorage Digital will manage collateral for natively staked SOL, enabling institutions to unlock borrowing power while maintaining custody of their assets [3][5] Group 2: Operational Efficiency - The Atlas collateral management system offers 24/7 automated oversight of loan-to-value ratios and manages margin and collateral movements, ensuring compliance and operational control for institutions [5][6] - This model is designed for institutions seeking protocol-native credit while benefiting from federally-regulated custody standards [6][8] Group 3: Market Potential - The collaboration is positioned as a repeatable blueprint for institutional participation in protocol borrowing, potentially attracting other investors and venture firms [7] - Solana has established itself as a leading blockchain with over 3,500 transactions per second and approximately 3.7 million daily active wallets, indicating strong market demand for its services [9]