VanEck has selected SOL Strategies to provide staking services for its SOL spot ETF

According to The Block, Solana asset reserve company SOL Strategies announced on Monday that it will provide staking services for VanEck's Solana spot ETF.

According to the announcement, VanEck has selected SOL Strategies to stake the SOL held by its ETF. The ETF recently submitted an 8-A registration statement to the U.S. Securities and Exchange Commission, and the staking services will be implemented through the Orangefin validation node acquired by SOL Strategies last December.

Currently, the validation node of this Solana asset company has passed ISO 27001 and SOC 2 certifications, securing over 610 million CAD (approximately 437 million USD) in staked assets.