Anchorage Digital, a chartered crypto bank in the United States, has launched caution and staking support for the Native token of StarkNet, Strk, which seeks to meet the appetite of investors for the generation of yield in digital assets.
According to a Wednesday announcement, the staked strk currently yields an annual percentage rate (APR) of 7.28%. Anchorage, offer Strk custodian services since January, has expanded the utility of the token.
“Anchorage Digital has a long-standing relationship with Starknet and is now opening the door to the institution’s custody and conservation of Strk,” the company Says In a statement.
Starknet is a layer-2 scaling network developed in Ethereum that uses zero-knowledge proof for transactions. The network introduced staking earlier this year as part of it Decentralization Roadmapallowing Strk holders to secure the protocol and earn rewards.
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Launching also came as harvest -carrying products were increasingly competing with traditional financial products. The US Treasurys, long -term considered the safest investment, is current yields between 4.0% and 4.5%, but there are markets in pricing in a 94% chance of a rate cut in SeptemberThe lower return can make crypto staking even more appealing for investors under a dark financial policy in the US.
While other US banks such as Jpmorgan and bny mellon Focusing their blockchain techniques on tokenization, staking continues to gain momentum as a harvest product, and is often mentioned as one of the drivers behind the growing popularity of Ether treasury funds.
In September, Ethereum’s staking entry It reached its highest level since the Shanghai upgrade in 2023. Onchain data showed more than 860,000 ETHs, worth about $ 3.7 billion, waiting to be stopped.
Related: Starknet to settle in Bitcoin and Ethereum to unite chains
Institutions have joined the Staking Market
Staking is the process of locking crypto assets to help secure a blockchain network in exchange for rewards. This feature gets traction as institutions join the crypto space.
Switzerland’s Sygnum Bank became the first regulated bank to Launch Ethereum Staking In 2021, while the Nomura supported by the cominu rolled over to caution for Lido’s staked ether (Eth) In markets including Dubai and Jersey in 2025, which targets institutions that require a following option.
In July, the Liquid Collective Consortium introduced LSSOL, A liquid staking token For Solana. The product marked one of the first standards of efforts to bring solana staking to institutional clients.
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