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Jito, KODA team up on institutional staking in South Korea

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Jito, KODA team up on institutional staking in South Korea

The collaboration aims to bring regulated custody and staking for JitoSOL to South Korea as institutions prepare for new crypto rules.

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

According to Monday’s announcement, the agreement includes outreach to institutional investors and the development of compliant custody and staking pathways.

It comes as South Korea’s Financial Services Commission is expected to finalize a digital asset regulatory framework later this year.

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