Perkins Coie Advises Marinade Finance on Known Validator Institutional Staking Product
NEW YORK (June 16, 2025) - Perkins Coie is pleased to have advised Sous Vide Ltd. (“Marinade Finance”) on the creation of Marinade Select, a new Solana SOL staking product developed for institutional staking.
Marinade Select innovates the digital asset staking landscape by giving regulated financial institutions strict regulatory compliance requirements and other customers the ability to stake SOL with a set of known and verified Solana validators. View this link for more information on Marinade Select.
Perkins Coie’s work on this project was led by partners Dax Hansen, Perkins Coie’s Fintech industry group lead, and Jamie Schafer, a member of the firm’s white-collar investigations and trade compliance group.
"Perkins Coie provided instrumental legal and compliance guidance to the creation of Marinade Select--ensuring we were able to create an innovative, client-focused solution within the appropriate parameters of the law,” said Hadley Stern, Chief Commercial Officer of Marinade.
Perkins Coie lawyers have been trailblazers in the field of blockchain and digital assets since the inception of the technology. We have been legal counsel to the first blockchain projects conceived and continue to advise a wide range of digital asset clients. Learn more here.
Perkins Coie is a leading global law firm, dedicated to helping the world’s most innovative companies solve the legal and business challenges of tomorrow. Learn about our work and values here.
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Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.