Solana Launches Swiss Research Institute to Step Up EU Institutional Push

JOON HYOUNG LEE

Summary

Solana said it launched the Solana Research Institute (SRI) in Switzerland to strengthen its push into EU financial institutions.
SRI said it will support EU financial institutions in analyzing crypto-related regulation, the potential use of public blockchains, operational risks and regulatory responses.
The Solana Foundation's head of European institutional growth said SRI is intended to help institutions move from the experimental stage to real adoption, with a focus on credible analysis and discussion.

Solana has launched a research institute in Switzerland as it steps up efforts to engage financial institutions in the European Union.

Cointelegraph reported on April 30 that Solana launched the Solana Research Institute, or SRI, in Switzerland that day. SRI will support EU financial institutions as they assess crypto-related regulation and the potential uses of public blockchains.

SRI was founded by Angus Scott, a former Euroclear executive. The institute also released a 60-page report at launch, with contributions from the Solana Foundation, Jito, R3 and Figment.

Solana previously established the Solana Policy Institute in Washington, D.C., late last year. While that organization targeted policymakers, SRI is aimed at financial institutions reviewing blockchain-related operational risks and regulatory responses.

Ben Brophy, the Solana Foundation's head of institutional growth in Europe, said SRI is designed to help institutions move from experimentation to actual adoption. Its goal is to put credible analysis and discussion at the forefront.

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