Gate News message: On April 14, Jito Foundation signed a memorandum of understanding with KODA, South Korea’s largest digital asset custody institution. The two parties will jointly promote compliant access for South Korean institutional investors to the liquid staking token JitoSOL. The scope of cooperation includes market education for institutional investors, exploring compliant custody and staking pathways, and coordinating promotional work in line with developments under South Korea’s virtual asset regulatory framework. KODA provides cold wallet storage, MPC key management, and institutional staking services, and is underwritten by Samsung Fire & Marine Insurance with a $20 million digital asset insurance coverage. It also holds a Virtual Asset Service Provider (VASP) license and an ISMS certification. Previously, Jito Foundation had already explored with Hanwha Asset Management to launch a JitoSOL ETF, and it is currently awaiting regulatory approval.
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