Jito signed a memorandum with the Korean hosting provider KODA to explore JitoSOL institutional staking

The Jito Foundation has signed a memorandum of cooperation with the Korean digital asset custodian KODA to explore providing institutional custody and staking support for JitoSOL in the Korean market.

According to a Monday announcement, the agreement covers the promotion of institutional investors and the development of compliant custody and staking pathways. This move comes as the Korean Financial Services Commission is expected to finalize the digital asset regulatory framework later this year. In February, the Jito Foundation began exploring the launch of the JitoSOL ETF in Korea with Hanwha Asset Management, but it is still pending regulatory approval. KODA is supported by investors such as KB Kookmin Bank and holds a VASP license and ISMS certification, providing custody infrastructure such as cold storage and MPC key management.