CYBAVO Now Supports: Solana NFT Custody

Posted on Aug 1, 2022 | BLOG

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CYBAVO is excited to announce expanded support for the Solana blockchain, for both our VAULT and WalletSDK platforms.

Solana is a popular layer 1 blockchain, boasting low transaction fees (less than 1 cent per transaction) and fast transaction times (processing over 60,000 transactions per second). Solana’s native token, SOL, reached a peak market cap of $78 billion and is consistently ranked in the top 10 blockchains by market capitalization due to its support of thousands of projects spanning DeFi, NFTs, and Web3.

With our expanded support, the capabilities CYBAVO users can use now include:

  • Store and manage SOL and SPL tokens
  • Store and transfer USDC on Solana, including scheduled and batch transactions
  • Self-custody Solana NFTs
  • Stake SOL from the security of their CYBAVO VAULT
  • Give access to SOL and SPL tokens to retail users through Cashflow Manager

For customers who built their crypto app with our CYBAVO WalletSDK, custody of SOL, SPL tokens, and Solana NFTs can now be enabled for their users.

CYBAVO supports over 1,500 tokens and 44 protocols, and we are always improving our protocol support. See the full list on our homepage, or get in touch with us to learn how you can begin building your crypto business with CYBAVO.