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Jito Expands Into South Korea with KODA Custody Partnership

Cointelegraph
The Jito Foundation has partnered with KODA to explore institutional-grade custody and staking solutions for JitoSOL in the South Korean market.

Summary

The Jito Foundation has signed a memorandum of understanding with the Korean digital asset custodian KODA to introduce institutional staking and custody support for JitoSOL. This partnership aims to provide large financial firms and institutions with compliant access to yield-bearing JitoSOL assets. The collaboration leverages KODA’s secure, licensed infrastructure to enable direct minting of JitoSOL from SOL holdings. This move aligns with South Korea's ongoing efforts to establish a comprehensive digital asset regulatory framework.

(Source:Cointelegraph)