Solmate Teams Up with Kraken for Enhanced Solana Validator Infrastructure
Solmate Infrastructure PLC (NASDAQ:SLMT) has formed a partnership with Kraken Institutional to support its Solana validator infrastructure operations.
Under the commercial agreement, Kraken Institutional will provide custody and validator infrastructure services for Solmate's SOL holdings. This allows Solmate to earn staking rewards while maintaining assets in Kraken Institutional's qualified custody solution.
The partnership aims to optimize Solmate's staking economics and increase its participation in revenue generated from its Solana validator infrastructure.