Jito and KODA Partner To Launch Institutional Solana Staking in South Korea

April 14, 2026 Brazen Crypto Team Solana 0

It covers investor outreach and the creation of compliant pathways for institutional participation in the South Korean market.

South Korea Crypto News

Jito Foundation has signed a memorandum of understanding with South Korean digital asset custodian KODA to develop institutional custody and staking access for JitoSOL. The two organizations announced the agreement on Monday. It covers investor outreach and the creation of compliant pathways for institutional participation in the South Korean market.
Jito is a liquid staking protocol built on the Solana network. Users deposit Solana and receive JitoSOL in return, a token that can be used across decentralized finance applications. The Jito Foundation manages development, partnerships, and institutional outreach on behalf of the protocol.

KODA is backed by KB Kookmin Bank and holds a registered Virtual Asset Service Provider license along with ISMS certification. The custodian provides cold storage, MPC-based key management, and institutional staking services. It carries $20 million in digital asset insurance coverage. Under the partnership, institutional clients will be able to mint JitoSOL directly from their $SOL holdings through KODA’s interface.

Marc Liew, head of APAC at Jito Foundation, said the foundation is seeing demand from two groups of institutions. The first group includes large financial firms building next-generation wealth management products. The second includes institutional entities seeking yield-bearing assets for their corporate treasuries. JitoSOL has a market capitalization of approximately $930 million.

JitoSOL already has institutional exposure in Europe through a 21Shares exchange-traded product. Custodians such as BitGo and Hex Trust support direct staking from custody accounts. In February, Jito Foundation said it would work with Hanwha Asset Management to explore a JitoSOL ETF in South Korea, pending regulatory approval.

The partnership comes as South Korea advances toward a formal digital asset regulatory framework. The country’s Financial Services Commission is expected to finalize that framework later this year. In January, South Korea tightened licensing requirements for Virtual Asset Service Providers and expanded oversight to major shareholders. In March, policymakers proposed capping ownership stakes in domestic exchanges at 20%.


Lawmakers are now drafting legislation that would classify stablecoins as foreign exchange payment instruments. The proposed rules would also require tokenized real-world assets to be backed by assets held in trust. A payout error at exchange Bithumb in early February, where users mistakenly received 620,000 Bitcoin instead of 620,000 Korean won, accelerated regulatory scrutiny. The Bank of Korea has since called for exchange-level circuit breakers and stronger internal controls, warning that the industry lacks safeguards present in traditional financial systems.

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