Anchorage Digital has implemented the integration of the swap and liquidity aggregator Jupiter into its institutional custodial wallet Porto, significantly enhancing the capabilities for working with decentralized finance (DeFi) for institutions.
This is reported by Finway
New Opportunities for Institutional Users of Solana
With this update, users will be able to exchange cryptocurrencies and perform other DeFi operations directly through the Porto dashboard, avoiding the need to resort to third-party applications. This not only enhances security but also simplifies access to DeFi functionality on the Solana network.
Anchorage Digital emphasizes that the implementation of Jupiter will contribute to improved liquidity in the Solana ecosystem and reduce slippage risk—the difference between the expected and actual execution prices of trades. The company also highlighted the challenges institutions face when working with decentralized applications and the risks associated with third-party services. According to them, Jupiter users often encounter difficulties in securely accessing the platform through an institutional interface.
“We believe that true institutional adoption of DeFi requires a foundational infrastructure that meets the highest standards of security and compliance. Our native integration with Jupiter is a critical step in building such a foundation on Solana,” said Nathan McCauley, co-founder and CEO of Anchorage.
Growing Interest in Solana Among Major Players
The initiative by Anchorage Digital coincides with a surge in interest in Solana among institutional investors. For instance, Forward Industries, which manages a treasury based on Solana, plans to raise up to $4 billion to acquire the asset. Another example is Brera Holdings PLC from Ireland, which has become Solmate—a digital treasury and infrastructure project on Solana. This company has already raised $300 million in investments for the development of its project.
It is expected that in the coming days, ETFs on Solana from financial giants such as Fidelity, VanEck, and Franklin Templeton will appear on American exchanges—following probable approval from the SEC regulator.
Anchorage Digital continues to actively expand its influence in the market: in May, the company signed an agreement with the stablecoin issuer USDM—Mountain Protocol, and in June, it implemented trading APIs from Uniswap Labs directly into the Porto wallet.
