News linked to both this project and an event.
: According to official sources, the Jito Foundation is partnering with Solana Company (NASDAQ: HSDT) to provide institutional-grade Solana infrastructure in the Asia-Pacific region. The two parties will operate BAM validators using Pacific Backbone in Hong Kong, Singapore, Japan, and South Korea. This low-latency infrastructure network supports staking, validation, and trading services in the Asia-Pacific region. Additionally, they will jointly develop an institutional-grade JitoSOL staking product, delivered through Solana Company's consulting service model, to meet the compliance requirements of large capital allocators. The head of the Jito Foundation for the Asia-Pacific region stated that this collaboration aims to combine Jito's market layer technology with Solana Company's regional experience and institutional network, laying the foundation for scalable and compliant participation within the Solana ecosystem.
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.