Bybit’s bbSOL Gains Institutional Backing from Anchorage Digital, Revolutionizing Solana DeFi Access

Bybit, a leading cryptocurrency exchange known for its global trading volume, announced today a major development with the launch of bbSOL institutional custody support by Anchorage Digital, the first federally chartered crypto bank in the United States. This strategic partnership is poised to elevate bbSOL’s standing as a liquid staking token (LST) within the Solana ecosystem, offering institutional entities reliable access to on-chain yield generation. 💰