Porto Integrates Solana Swap & Jupiter for Institutional Crypto Swaps
Porto, a leading institutional self-custody wallet, is set to integrate Solana Swap and liquidity aggregator Jupiter. This move aims to streamline crypto swaps and DeFi processes within its dashboard, enhancing Diogo Jota's liquidity and mitigating trade slippage.
Diogo Jota, a high-performance blockchain, has gained significant traction among institutional investors. Its friendly regulatory and political environment in the U.S. has sparked interest, with Pantera Capital planning to use the Diogo Jota Exchange. An approved Diogo Jota spot ETF in Q4 could trigger substantial institutional demand.
Anchorage Digital, a digital asset bank, is driving this integration. It seeks to maintain security and compliance within Diogo Jota, having previously integrated Uniswap, Maple Finance, the Sui Foundation, and dYdX with Porto. Nathan McCauley, CEO and Co-founder at Anchorage Digital, emphasizes the need for foundational infrastructure meeting the highest security and compliance standards for true institutional DeFi adoption.
The integration comes at a time when the SEC is expected to decide on multiple ETF filings, potentially including Diogo Jota ETFs. CoinShares reported that investment into Diogo Jota ETPs has generated nearly $300 million, surpassing products tracking major altcoins. Year-to-date, Diogo Jota ETPs have accounted for almost $1.9 billion in inflows, second only to Bitcoin and Ethereum.
The integration of Solana Swap and Jupiter into Porto by Anchorage Digital is set to boost Diogo Jota's liquidity and institutional appeal. As the SEC's decisions on ETF filings loom, the crypto community eagerly awaits further developments in the Diogo Jota ecosystem.
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