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Jito signs a memorandum with South Korean custodian KODA to explore JitoSOL institutional staking
Mars Finance reports that the Jito Foundation has signed a memorandum of understanding with Korean digital asset custodian KODA to explore providing institutional custody and staking support for JitoSOL in the Korean market. According to Monday’s announcement, the agreement covers the promotion of institutional investors and the development of compliant custody and staking pathways. This move comes as the Korea Financial Services Commission is expected to finalize the digital asset regulatory framework later this year. In February, the Jito Foundation had already begun exploring launching a JitoSOL ETF in Korea with Hanwha Asset Management, pending regulatory approval. KODA is supported by investors including KB Kookmin Bank, holds a VASP license and ISMS certification, and offers custody infrastructure such as cold storage and MPC key management.