Jito Foundation signed a memorandum of understanding with KODA, South Korea’s largest digital asset custodian, to promote compliant access to liquid staking tokens JitoSOL for institutional investors in South Korea, including market education and explorations of compliant custody. KODA provides cold wallets and digital asset insurance, and Jito is also seeking to launch a JitoSOL ETF.

Nasdaq submits rule change proposal to list VanEck JitoSOL ETF, which will hold Solana-based JitoSOL tokens. The Jito Foundation chairman stated that if approved, staking rewards will be reflected in the fund's net assets, and the tokens will represent accumulated staking earnings.

Hanwha Asset Management and Jito Foundation have reached a partnership to develop liquidity staking ETP infrastructure in South Korea, focusing on technical readiness and compliance support. The goal is to integrate JitoSOL into financial products to support investors' diversification needs. This move marks South Korean financial institutions' active engagement in digital asset products.

21Shares launched the first Jito Staked SOL ETP (ticker: JSOL) in Europe, listed on the Amsterdam and Paris exchanges, providing investors with investment opportunities for staking income. The ETP holds the JitoSOL token, allowing investors to earn associated rewards and maintain liquidity.

Gate News Bot message, January 28th, according to CoinMarketCap data, as of press time, JTO (Jito) is currently priced at $0.39, up 18.02% in the past 24 hours, with a high of $0.39 and a low of $0.30. The current market cap is approximately $169 million, an increase of $25.8 million compared to yesterday. Jito is an MEV optimization infrastructure platform built on the Solana ecosystem. By providing MEV-enabled infrastructure and deep DeFi integration, it offers unparalleled staking efficiency and liquidity solutions for the Solana ecosystem. JitoSOL is a liquid staking product offered by Jito. Users can stake SOL into the JitoSOL liquidity staking pool to earn dual rewards from staking and MEV. The current annual percentage yield (APY) for this product is 5.8%.