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Marinade in the media

Catch up on our latest press coverage, read our official announcements, and download our media kit.

Recent media articles

Messari Report: What are markets pricing into Solana’s fee growth

This Messari report explores Solana’s rising fee revenue and what markets may be pricing in regarding its long-term value. It highlights how protocols like Marinade play a key role in strengthening Solana’s economic model by enabling more users to participate in staking. As staking adoption grows, projects like Marinade help anchor network security and decentralization while contributing to fee-based value accrual.

Report

November 19, 2024

The Block: Marinade floats proposal to tackle malicious validators and democratize MEV on Solana

Marinade Finance has introduced a governance proposal aimed at addressing malicious validators and democratizing Maximal Extractable Value (MEV) within the network. The initiative seeks to enhance the integrity and fairness of Solana's staking ecosystem by implementing measures to identify and mitigate the influence of validators engaging in harmful activities. Additionally, the proposal emphasizes the redistribution of MEV opportunities to promote equitable participation among network participants. This move underscores Marinade's commitment to fostering a more secure and inclusive environment for Solana users and developers.

Press

November 12, 2024

The Block: Marinade hires Fidelity Digital Asset Services founding president as chief commercial officer

Marinade Finance has appointed Hadley Stern, the founding president of Fidelity Digital Asset Services, as its new Chief Commercial Officer. Stern brings extensive experience in digital assets and financial services, having led Fidelity's early initiatives into cryptocurrency custody and trading solutions. In his new role, Stern will focus on expanding Marinade's presence in the decentralized finance (DeFi) space, enhancing partnerships, and driving the adoption of Marinade's liquid staking solutions on the Solana network. This strategic hire underscores Marinade's commitment to strengthening its leadership team and accelerating growth within the DeFi ecosystem.

Press

November 9, 2024

Messari: DeFi sector brief mentioning Marinade

Messari’s DeFi Sector Brief (Nov 8, 2023) highlights trends across the DeFi ecosystem, including Solana’s continued growth in staking activity. Marinade is noted as a leading protocol in Solana’s staking landscape, with expanding institutional interest and innovations like Marinade Native and Protected Staking Rewards helping drive adoption.

Report

November 8, 2024

The Rise Up Morning Show: Marinade Finance with Hadley Stern

Hadley Stern joins The Rise Up Morning Show to discuss his journey from launching blockchain initiatives at Fidelity to leading commercial efforts at Marinade. The conversation touches on TradFi–DeFi convergence, Solana staking innovations, and the importance of decentralization.

Press

November 6, 2024

Solana Boston: Crypto & institutions panel with Hadley Stern

Panel on crypto and institutions during Solana Boston, featuring insights from Ryan Lessard (Fidelity), Perry Woodin (Node40), and Hadley Stern (Marinade), moderated by Keli Callaghan (Arrington Capital).

Event

November 4, 2024

Messari: Marinade Q2 2024 brief

Messari’s Q2 2024 report on Marinade highlights steady growth and protocol resilience during a volatile market cycle. The report details the adoption of Marinade Native and other V2 features designed to address smart contract risk and improve validator performance. It also underscores Marinade’s role in expanding non-custodial staking options for both retail and institutional users, alongside new governance activity and ecosystem partnerships that contribute to Solana network decentralization.

Report

October 2, 2024

DailyCoin: Solana strengthens DeFi with Coinbase cbBTC and Marinade V2

At the 2024 Breakpoint Conference in Singapore, Solana announced significant developments to bolster its decentralized finance (DeFi) ecosystem. Coinbase introduced its wrapped Bitcoin asset, cbBTC, to the Solana network, enhancing Bitcoin liquidity and cross-chain capabilities. Concurrently, Marinade Finance unveiled Marinade V2, an upgrade allowing users to stake SOL tokens directly from their wallets without transferring them to a smart contract, thereby mitigating smart contract risks. The upgrade also introduces Protected Staking Rewards (PSR), ensuring users receive expected rewards regardless of validator performance, with validators posting collateral to compensate for underperformance. These initiatives aim to strengthen Solana's DeFi infrastructure and attract more participants to its ecosystem.

Press

September 23, 2024

Breakpoint 2024: Product Keynote: Marinade with Michael Repetny

In this Breakpoint 2024 keynote, Marinade co-founder and CEO Michael Repetný shares the evolution of Marinade since 2021, from launching Solana’s first liquid staking protocol to introducing Marinade V2. He outlines key challenges in SOL staking—like smart contract risk, validator performance, and hidden commissions—and presents Marinade’s three-part solution: Native (non-custodial staking), PSR (Protected Staking Rewards), and SAM (Stake Auction Marketplace). The talk includes real-world metrics and offers a vision for secure, decentralized staking at scale.

Event

September 21, 2024

Bloomberg TV: The business of safeguarding crypto

In this Bloomberg segment, reporter Olga Kharif explores the high costs of safeguarding digital assets, reporting that it may cost up to 10 times more to safeguard cryptocurrency than traditional assets like securities and cash, according to Hadley Stern, Chief Commercial Officer at Marinade.

Video

September 17, 2024

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