Hyperliquid News Today: Anchorage Digital Bridges DeFi and Traditional Finance with Expanded HYPE Staking

Anchorage Digital, the only federally chartered crypto bank in the U.S., has expanded its support for the Hyperliquid ecosystem by introducing HYPE staking on HyperCORE, complementing its existing HYPE custody services on HyperEVM. The move, announced in partnership with staking infrastructure provider Figment, allows users to lock HYPE tokens to secure the Hyperliquid blockchain network and earn rewards. Staking will be accessible through Anchorage Digital Bank, Anchorage Digital Singapore, and its self-custody wallet, Porto.

Hyperliquid, a layer 1 blockchain powering a decentralized exchange, splits its architecture between HyperEVM for Ethereum-style smart contracts and HyperCORE for native staking. By integrating staking and custody across both environments, Anchorage Digital enables broader participation in Hyperliquid's decentralized finance (DeFi) ecosystem, including custody for additional HyperEVM tokens like Kinetiq. The partnership with Figment ensures robust and secure infrastructure, a critical factor for institutional adoption.

Hyperliquid's dual-chain structure, which separates execution and staking, is a key innovation in blockchain scalability and decentralization.

This architecture allows for parallel processing and enhanced security, making it attractive for both institutional and retail participants.

This initiative aligns with a growing trend of institutional players integrating DeFi services into traditional financial frameworks. In recent months, platforms like Coinbase, Crypto.com, and Threshold have expanded access to staking and lending protocols, aiming to bridge the gap between decentralized finance and regulated markets. For instance, Coinbase added support for Morpho's stablecoin lending in October, while Threshold enhanced its tBTC bridge to simplify Bitcoin's deployment into DeFi protocols according to reports.

Anchorage Digital's foray into HYPE staking underscores its strategy to position itself as a comprehensive custodial and infrastructure provider for emerging blockchain ecosystems. The company's expansion follows a partnership with Mezo, a Bitcoin-backed DeFi borrowing platform, announced just days earlier. By offering controlled access to staking and custody, Anchorage Digital caters to institutional clients seeking yield-generating opportunities while adhering to regulatory standards.

The broader stablecoin and DeFi landscape has seen rapid evolution, driven by legislative changes like the GENIUS Act, which mandates stablecoins be fully backed by U.S. dollars or Treasury bills. This regulatory clarity has spurred innovation, with companies like Klarna and U.S. Bancorp testing stablecoin solutions on blockchains such as Stellar and Tempo. Meanwhile, Tether's USDT0 network has surged to $50 billion in total value moved, highlighting the demand for cross-chain liquidity.