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Solmate Discloses Custody Positions Amid Exchange Security Incident

Solmate Discloses Custody Positions Amid Exchange Security Incident

First seen 3 Nov 2026, 01:44 UTC • •
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ThreatCluster AI
ThreatCluster •November 3, 2026 at 17:17 UTC
  • •Solmate holds 1.26 million SOL with Kraken, Anchorage Digital, and BitGo.
  • •The company confirmed no exposure to Binance following a security incident.
  • •Solmate's validator infrastructure remains operational despite custody disclosures.

Solmate Infrastructure reported on October 30, 2026, that it holds 1.26 million SOL with custodians Kraken, Anchorage Digital, and BitGo, confirming no exposure to Binance. This disclosure addresses concerns following a recent exchange security incident. The company emphasized that asset ownership and access are distinct, and provided details on its custody arrangements as of October 29. The statement aims to clarify counterparty exposure rather than SOL market risk. Solmate's validator infrastructure reportedly continued to operate normally, indicating no operational interruptions. The custody arrangements are crucial for liquidity and operational flexibility, especially in response to unexpected events. However, the disclosure does not provide a complete audit of every position or detailed asset allocation among custodians.

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Timeline

2026-10-29
Solmate discloses custody positions
Solmate confirms it holds 1.26 million SOL with Kraken, Anchorage Digital, and BitGo, with no exposure to Binance.
Tradingview
2026-10-30
Solmate issues statement on custody
The company clarifies its custody arrangements and addresses counterparty exposure amidst exchange security concerns.
NewsBTC

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Common questions

What custodians hold Solmate's assets?
Solmate's assets are held with Kraken, Anchorage Digital, and BitGo.
Is there any risk from Binance?
No, Solmate confirmed it has no accounts or exposure to Binance.
How does this affect Solmate's operations?
Solmate's validator infrastructure continues to operate normally despite the custody disclosures.