Kraken Custody has announced an expansion of its support for SPL tokens, which are integral to the Solana ecosystem. This update allows institutions, protocols, and builders to safeguard a broader range of Solana-native assets, including popular tokens like BONK and RENDER. The custody solution is tailored for high-throughput and low-cost financial operations, providing essential infrastructure for managing protocol treasuries, investor distributions, and operational reserves. Institutions can now manage assets with enhanced governance, approval workflows, and asset segregation, all while maintaining operational speed. Additionally, clients can trade or stake directly from custody, reducing the need for multiple vendor coordination. The expansion is part of Kraken's broader mission to support the growth of internet-native financial systems, ensuring that as the Solana ecosystem matures, it has the necessary infrastructure to facilitate secure and efficient market participation. Kraken Custody is regulated and supports over 200 assets, ensuring that client assets remain secure and segregated.