BitGo and JupiterExchange Plan Institutional-Grade Solana Validator

BitGo and JupiterExchange plan to launch an institutional-grade validator on Solana, adding infrastructure for institutional use as the network’s distributed real-world asset value tops $5 billion.

Solana’s distributed RWA value stood at $5.19 billion on Oct. 29, up 20.75% over the previous 30 days. The Oct. 29 snapshot counted 3,504 listed assets, but the asset count was not limited to the distributed-value total.

Solana’s RWA offerings include tokenized equities, U.S. Treasury debt, asset-backed credit and commodities. The validator plan is a partnership between BitGo and JupiterExchange, with the project intended for institutional use on the network.