#Solana News: @Anchorage and @jito_labs partner to become the first US Federally chartered crypto bank. The recent partnership between #Anchorage Digital and the #Jito Foundation marks a significant development for Solana's ecosystem. Anchorage Digital, the first and only US federally chartered crypto bank, has integrated support for #JitoSOL @jito_sol , @solana 's leading liquid staking token (LST), allowing institutions and SOL holders to custody, mint, and redeem it directly through their platform. This move, announced on July 1, 2025, positions JitoSOL as the first Solana LST backed by a federally chartered bank, potentially paving the way for broader adoption by regulated financial entities. The integration includes Anchorage’s self-custody wallet, Porto, which will soon enable self-custody options, enhancing accessibility. This development highlights Solana’s appeal for institutional use, leveraging its high-speed settlement and low transaction costs (below $0.01) to support liquid staking and MEV (Maximal Extractable Value) rewards. Institutions can now maintain SOL liquidity while capturing staking and protocol revenue, addressing previous trade-offs between direct staking (locked capital, complexity) and LSTs (lack of qualified custody). However, the establishment narrative around this as a seamless institutional leap should be scrutinized—Anchorage’s centralized role and Solana’s past network outages (e.g., 2021-2022) raise questions about reliability and decentralization, key concerns for regulated markets. Additionally, while this boosts Solana’s DeFi infrastructure, regulatory clarity on tokenized assets like JitoSOL remains uncertain, especially given the SEC’s cautious stance on crypto products. This could limit its immediate impact unless regulatory frameworks evolve quickly.