Canada's 3iQ has selected Figment as the staking service provider for its Solana staking ETF.

Canada's 3iQ has selected Figment as the staking service provider for its Solana staking ETF (SOLQ), which was approved by the Ontario Securities Commission (OSC) on April 14 and will be listed on the Toronto Stock Exchange on April 16. 3iQ expects the fund to achieve an annualized return of 6%-8%, and $SOL staking will be conducted through Canada's second-largest bank, TD Bank. (Cointelegraph)