TechFlow News, April 14: The Jito Foundation announced it has signed a memorandum of understanding (MoU) with KODA, South Korea’s largest digital asset custodian, to jointly promote institutional access to the liquid staking token JitoSOL in the South Korean market, in compliance with local regulations. The collaboration includes conducting market education for institutional investors, exploring compliant custody and staking solutions, and coordinating promotional efforts in line with developments in South Korea’s virtual asset regulatory framework. KODA offers cold wallet storage, MPC-based key management, institutional staking services, and $20 million in digital asset insurance underwritten by Samsung Fire & Marine Insurance. It also holds a Virtual Asset Service Provider (VASP) license and ISMS certification. Previously, the Jito Foundation explored launching a JitoSOL ETF in partnership with Hanwha Asset Management, pending regulatory approval.
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