Anchorage Launches Institutional STRK Staking at 7.28% APR
Anchorage Digital, a US-regulated crypto bank, has formally launched institutional custody and staking for Starknet’s native token STRK at a 7.28% APR, surpassing U.S. Treasury yields of 4–4.5%. Having supported STRK custody since January, Anchorage adds staking this week, strengthening its partnership with Starknet—the seventh-largest Ethereum Layer 2 by $545 million bridged value. Starknet Foundation’s James Strudwick notes the potential to unlock new DeFi opportunities for institutions. This move addresses rising demand for higher-yield, secure, regulated crypto products and could drive further institutional adoption of Layer-2 scaling solutions.
Bullish
Anchorage’s launch of 7.28% APR STRK staking and institutional custody enhances STRK’s appeal, likely boosting demand and locking up supply. The yield gap versus U.S. Treasuries will attract institutional capital, pushing prices higher in the short term. In the long run, ongoing institutional adoption and Starknet ecosystem growth should maintain a tight supply-demand balance, further supporting STRK’s market value, making this development overall bullish.