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Asset manager VanEck has announced a strategic partnership with Kiln, a prominent digital asset rewards platform, to integrate staking into VanEck’s Solana Strategy.
This strategy encompasses products like ETNs and ETFs, offering regulated access to Solana.
American investment management firm VanEck has added staking rewards to its Solana ETN (Exchange-Traded Note) in Europe. This might offer investors a new way to generate passive income.
The staking rewards are automatically reinvested and reflected in the product’s daily net asset value (NAV).