Asset manager VanEck has partnered with Kiln to begin SOL staking. VanEck will now offer regulated Solana staking rewards. Currently VanEck is one of the few companies in Europe to offer regulated Solana funds. Kiln is an enterprise-grade staking service with integrations with companies such as Coinbase and Babylon. VanEck and 21Shares both filed for spot SOL ETFs this summer, but talks have reportedly stalled due to SEC concerns over whether Solana, whose main market for regulated Solana products is in Europe, is a security.