Jito Foundation: Partnering with Digital Asset Custodian KODA to Expand into the Korean Market
The Jito Foundation announced a memorandum of understanding (MoU) with KODA, South Korea’s largest digital asset custodian. Under the agreement, both parties will jointly promote institutional access to the liquid staking token JitoSOL in the Korean market in compliance with applicable regulations. Collaboration activities include conducting market education for institutional investors, exploring compliant custody and staking solutions, and coordinating promotional efforts in alignment with developments in South Korea’s virtual asset regulatory framework. KODA offers cold wallet storage, MPC-based key management, institutional staking services, and $20 million in digital asset insurance underwritten by Samsung Fire & Marine Insurance. It also holds a Virtual Asset Service Provider (VASP) license and ISMS certification. Previously, the Jito Foundation had explored launching a JitoSOL ETF in partnership with Hanwha Asset Management, pending regulatory approval.
