Bybit has announced a new milestone. Its bbSOL token is now supported by Anchorage Digital, the first federally chartered crypto bank in the United States. The update came through Bybit’s official X account and quickly caught the crypto community’s attention. Bybit’s bbSOL is now supported by @Anchorage — the first federally chartered crypto bankThis partnership marks a major milestone in making bbSOL an institutional-grade liquid staking token within the Solana ecosystem — combining liquidity, compliance, and bank-level security.… https://t.co/BOp5sDWYLl — Bybit (@Bybit_Official) October 29, 2025 This partnership marks a big step for liquid staking on Solana. It brings together three key things investors need, which is security, liquidity, and trust. With Anchorage on board, Bybit wants to make bbSOL a safe and reliable staking token that follows strong banking standards. What bbSOL Really Means bbSOL is Bybit’s liquid staking token on the Solana blockchain. Usually, when people stake Solana (SOL), their coins get locked. They can’t move or use them until the staking period ends but bbSOL changes that system completely. When users stake SOL on Bybit, they get bbSOL in return. They can trade or use it across DeFi apps while still earning rewards. This way, investors don’t lose access to their funds. It’s a simple idea that gives both flexibility and steady income. Furthermore, bbSOL makes staking easier for beginners. It helps the small investors earn rewards without taking big risks. At the same time, it gives institutions a way to join DeFi while still following financial rules. Anchorage’s Role: Trust and Protection Anchorage Digital brings strong protection and legal backing to this partnership. It is the first crypto bank approved by U.S. regulators, which gives it credibility in the financial world. This approval came from the Office of the Comptroller of the Currency (OC C), a major U.S. authority. With bbSOL Anchorage support it gains bank-level safety. Investors know their assets are stored under secure and regulated systems. This trust matters quite a lot, especially when big investors want to enter DeFi. Because of this, more people may feel confident using bbSOL. In addition, Anchorage helps Bybit follow clear rules. That balance between freedom and control makes this partnership stand out in today’s crypto space. Strengthening the Solana Ecosystem This move also helps Solana grow. Solana has become one of the fastest and most reliable blockchains. It already powers many apps and projects with low costs and high speed. Now, bbSOL adds more life to the ecosystem. With support from Anchorage, more investors may choose Solana for staking. This can bring more liquidity, more projects and stronger trust across the network. As Solana continues to expand, safe and regulated tools like bbSOL will play a key role in its success. Building a Safer Crypto Future The partnership between Bybit and Anchorage shows where crypto is heading next. The industry is slowly blending DeFi with traditional banking. This mix allows people to enjoy crypto’s freedom while staying safe under the financial rules. Going forward, bbSOL could become a model for other tokens. It shows that crypto can be simple, transparent and safe at the same time. With Anchorage’s trust and Bybit’s innovation, bbSOL is not just another staking token, it’s a sign of how DeFi can grow responsibly.