Bybit’s bbSOL Gains Institutional Backing from Anchorage Digital for Enhanced Security

Bybit, the world’s leading cryptocurrency exchange by trading volume, announced today a significant partnership with Anchorage Digital to provide institutional-grade custody support for its staked SOL token (bbSOL). This move positions bbSOL as an established liquid staking token (LST) within the Solana ecosystem. 🧠 💰 This collaboration offers regulated entities like funds and asset managers a reliable way to access on-chain yields, backed by regulatory compliance provided by Anchorage Digital’s secure platform.