This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

The crypto-friendly asset manager VanEck has partnered with Kiln to begin staking SOL, the pair told Lightspeed exclusively.

Kiln is an enterprise staking service that boasts integrations with outfits like Coinbase and Babylon. 

With the move, VanEck will now offer regulated access to solana staking rewards on top of the price of SOL. VanEck is one of a few firms offering regulated solana funds in Europe.  

2024 has been a bullish year for crypto, and the fresh market cycle was largely driven, at least initially, by the long-awaited approval of spot bitcoin ETFs in the US. The products…

Read more on Blockworks