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Jito Foundation has signed a memorandum of understanding with KODA (Korea Digital Asset Co., Ltd.), South Korea’s largest digital asset custody provider, to expand institutional access to JitoSOL in the Korean market.
The agreement includes market education for institutional investors, exploration of regulatory pathways for the custody and staking of the token, and coordination between the parties.
South Korea’s Financial Services Commission expects to finalize a comprehensive regulatory framework for digital assets during 2026.
The announcement follows Jito Foundation’s previously announced collaboration with Hanwha Asset Management, one of Korea’s largest asset managers by assets under management, to explore the launch of a JitoSOL ETF. The ETF plan remains subject to regulatory approval.
KODA was founded with an investment from KB Kookmin Bank, South Korea’s largest commercial bank, and is backed by Hanwha Securities and Kyobo Securities, among others. Its infrastructure includes cold wallet storage, MPC-based key management, and digital asset insurance of $20 million issued by Samsung Fire & Marine Insurance.
JitoSOL is one of Solana’s largest liquid staking tokens, with a market capitalization of approximately $1.77 billion.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…