3iQ Corp. Launches Solana Staking ETF with Figment
3iQ Corp. has chosen Figment as the main staking provider for its new Solana staking ETF (TSX: SOLQ). The ETF will debut on the Toronto Stock Exchange on Wednesday at 9:30 AM EST.
This launch marks the first product in North America that integrates Solana (SOL) staking rewards into an exchange-traded format. SOLQ offers investors a regulated way to access Solana’s staking yield, usually only available to crypto users who run validator nodes or delegate tokens.
Figment, a key player in the Solana ecosystem, will manage staking operations for the ETF. They have over $15 billion in assets staked across 40+ protocols and a flawless slashing prevention record. Their client base includes over 700 institutional partners.
Lorien Gabel, CEO and co-founder of Figment, said, “We’re making sustainable staking yields accessible to new investors by combining top-tier staking infrastructure with conventional investment vehicles.”
3iQ continues to innovate in the digital asset space.They previously launched the world’s first Ether Staking ETF in 2023 and the Bitcoin ETF (TSX: BTCQ).
Pascal St-Jean, 3iQ President and CEO, stated, “This product aligns with our vision of unlocking the full value of the digital asset ecosystem.”
