← State of Embedded Finance 2026

Sanctum

Can a single Solana-native infrastructure team own liquid staking, transaction delivery, and Web3 DevOps by commoditizing LST creation and becoming the default rails for teams building on-chain?

Founded2021
HQPanama (incorporated as Socean Labs Inc)
IndustryFintech / Crypto
The story

Founded in 2021 as contributors to the Solana stake pool program, Sanctum (operating as Socean Labs Inc) launched its own stake pool under the Socean brand before pivoting to become liquid staking infrastructure for the entire Solana ecosystem. Its Infinity product commoditized LST creation, growing the ecosystem from a handful of tokens to over 1,300 LSTs. By 2025 the company had formalized this as a white-label 'Staking-as-a-Service' business and expanded into complementary infrastructure — transaction delivery (Gateway) and Web3 DevOps (Ironforge) — positioning itself as full-stack Solana infrastructure rather than a single protocol.

Last 12 months
2026-01
2026-01
Product timeline
2021
Team began building on Solana and contributed to the stake pool program at Solana Labs (now Agave).· pivot
2022
Launched own stake pool under the Socean brand before pivoting to broader liquid staking infrastructure.· banking
2023
Launched Infinity, a shared liquidity pool for all LSTs on Solana, reducing the marginal cost of launching a new LST to near zero.· pivot
2024
Grew Solana LST platform to 1,361+ LSTs, launching branded LSTs with Jupiter (jupSOL), Bybit (bbSOL), crypto.com (cdcSOL), Drift (dSOL), and others.· banking
2025
Formalized offering as 'Staking-as-a-Service', enabling teams to spin up custom LSTs and validators; launched Gateway transaction delivery infrastructure; launched Ironforge Web3 DevOps platform handling 300M requests/day.· pivot
2025
Issued $CLOUD community token to drive governance and community participation.· banking
The stack
Crypto
Toku
Accounting gap: none