VanEck and Kiln Team Up to Offer Easy Solana Staking for Big Investors

Asset manager VanEck is expanding its Solana investment strategy by partnering with Kiln, a digital asset rewards platform, to offer institutional investors a streamlined way to stake Solana. This partnership will enable VanEck’s clients to gain access to Solana staking benefits without the need to handle any technical aspects or SOL tokens directly, making the process easier and more accessible.

Through this collaboration, VanEck aims to blend traditional finance with the Solana network by adding staking solutions to its investment products, including ETNs and ETFs that focus on Solana. This integration aligns with VanEck’s long-term commitment to Solana, as it views the asset as a significant component of the digital finance landscape. The firm has been bullish on Solana’s potential and was among the first to introduce a Solana ETF, underscoring its belief in Solana’s future growth.

The choice to partner with Kiln, which specializes in managing staking complexities, allows VanEck to offer a secure and straightforward path for institutional investors interested in Solana. Laszlo Szabo, Co-Founder and CEO of Kiln, stated that Kiln is excited to support VanEck’s initiative, as it marks a new milestone in providing staking options to institutional investors. This collaboration leverages Kiln’s expertise to ensure smooth access to the financial rewards of Solana staking without requiring investors to manage the tokens themselves.

This strategic step builds upon VanEck’s recent efforts in Solana, which include adding staking to its product suite and publicly stating that Solana could eventually achieve half of Ethereum’s market cap. The firm is confident in Solana’s ability to carve out a robust position in the digital assets market, anticipating steady gains following a recent price rebound after a summer dip. VanEck views its Solana offerings as a vital entry point for institutional investors, aspiring to become a leading gateway for SOL investment.

As the popularity of liquid staking has surged in 2024, Solana has notably benefited from this trend, making it an attractive asset for investors. VanEck’s Solana Strategy looks forward to building upon this momentum by providing secure, regulated access to staking and reinforcing the asset’s role in the broader digital finance ecosystem.