Anchorage Digital launches secure staking services for STRK tokens, offering institutions 7.28% APR and seamless custody with cross-chain support.
Anchorage Digital, the only federally chartered crypto bank in the United States, has added new staking services for Starknet’s native token, STRK. This expansion enables investors to reap rewards while ensuring the security of their tokens through Anchorage’s custody service. The company is also working to make it easier for institutions to use and benefit from Starknet’s growing ecosystem.
Anchorage Launches STRK Staking with 7.28% APR for Institutions
Anchorage has been providing custody services for STRK since January 2025. Now, the platform has launched staking, allowing users to earn an annual percentage rate (APR) of 7.28% on their STRK tokens. Staking involves locking up tokens to secure the network. In return, the investors receive rewards. Anchorage’s new service offers institutions a safe and compliant way to yield STRK.
Starknet is an Ethereum Layer 2 solution. It relies on zero-knowledge rollups, a layer-two solution that takes transactions off the primary Ethereum blockchain. The resulting process improves the speed and cost of transactions. And then the transactions are validated on Ethereum’s mainnet. As decentralized applications grow and more people use Ethereum, Starknet is to enhance the scalability and security of Ethereum.
Related Reading: Starknet Becomes First L2 to Unify Bitcoin and Ethereum | Live Bitcoin News
With the help of Anchorage, institutions can now custody STRK safely. They also have the opportunity to stake their tokens for rewards. Anchorage is also a supported one-way bridging. This functionality allows the user to transfer STRK ERC-20 tokens to the native format of the blockchain by utilizing a smart contract. Bridging facilitates cross-chain transfers: Bridging becomes an integral part of the interoperability equation by enabling investors to seamlessly deploy tokens across the Ethereum and Polygon chains.
According to Nathan McCauley, CEO and co-founder of Anchorage Digital, the technology of Starknet is creating new possibilities for blockchain adoption. He furthered that Anchorage is proud to offer secure custody and staking services for STRK. This gives institutions the confidence to join the emerging ecosystem.
Anchorage Combines Custody and Staking Services to Attract Institutional Investors
Anchorage was also endorsed by James Strudwick, Executive Director at the Starknet Foundation. He said Anchorage’s support is a reflection of their commitment to innovation. Strudwick is hopeful this partnership will increase institutional interest in Layer 2 solutions such as Starknet. It will allow more companies and investors to use blockchain in new ways.
Anchorage’s decision is part of a larger trend. The number of institutions entering the crypto space is growing, and they want the services to be regulated and secure. They also seek ways to generate income from their assets. Passive income: Staking is a good option for passive income. By aggregating custody with staking, Anchorage provides a trusted onramp to decentralized finance for institutions.
The current staking rewards for STRK are at 7.28% APR, making them appealing to many investors. This rate is a guaranteed return, reasonable in comparison with some traditional financial products. Anchorage also reduces risks by managing token security and compliance.
Anchorage Digital’s new staking product for STRK reinforces its presence in the crypto ecosystem. It enables institutions to securely store and earn rewards on tokens from Starknet. The infusion of bridging support elevates the usability of tokens across different chains. This strategic partnership between Anchorage and Starknet is an important step in Ethereum’s Layer 2 technology development.
Together, Anchorage and Starknet are working to build a more scalable, secure, and accessible blockchain ecosystem. This development is likely to spur additional interest from businesses and investors in the decentralized finance opportunity. As such, Anchorage is continuing to forge the future of the digital asset banking industry by offering our clients innovative solutions.
