Anchorage Digital has announced the integration of the swap and liquidity aggregator Jupiter into its institutional custody wallet Porto. This solution aims to make access to decentralized finance (DeFi) on the Solana network easier and safer for organizations.
This is reported by Business • Media
New Opportunities for Institutional Users
The integration of Jupiter into Porto allows institutions to exchange cryptocurrencies and perform other DeFi operations without the need to use third-party applications. This significantly simplifies the management of digital assets, as all necessary tools are now available in one interface.
Additionally, the company noted that this update will contribute to increased liquidity in the Solana ecosystem. In particular, it will help minimize so-called “slippage” — the difference between the expected and actual execution price of a transaction.
“We believe that true institutional adoption of DeFi requires a fundamental 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 Institutions
Anchorage Digital also pointed out that institutions often face challenges in using decentralized applications, particularly due to the risks associated with third-party services. According to them, many Jupiter users have limited and not always secure access to the platform through institutional interfaces.
The integration of Jupiter into Porto coincides with a growing institutional interest in Solana. For example, Forward Industries, which manages a treasury based on Solana, plans to raise up to $4 billion to purchase the asset. At the same time, the Irish holding company Brera Holdings PLC, which has become Solmate — a digital treasury and crypto infrastructure based on Solana, has secured $300 million in investments for project development.
In the near future, U.S. exchanges are expected to see the launch of ETFs on Solana from financial giants such as Fidelity, VanEck, and Franklin Templeton, following the likely approval by the SEC.
It is worth noting that Anchorage Digital is consistently expanding its capabilities: in May, the company signed an agreement with the issuer of the USDM stablecoin — Mountain Protocol, and in June, it integrated trading API from Uniswap Labs directly into the Porto wallet interface.