Gate News, on April 14, the Jito Foundation signed a cooperation memorandum 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 efforts to promote institutional investors and the development of a compliant custody and staking pathway. This comes as the Korea Financial Services Commission is expected to finalize a digital asset regulatory framework later this year. In February this year, the Jito Foundation had already begun discussions with Hanwha Asset Management regarding launching a JitoSOL ETF in Korea, but regulatory approval is still pending. Supported by investors such as KB Kookmin Bank, KODA holds a VASP license and an ISMS certification, providing custody infrastructure such as cold storage and MPC key management.
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