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Jito Foundation: Collaborates with digital asset custody provider KODA to expand the Korean market
Deep Tide TechFlow News, April 14 — The Jito Foundation announced the signing of a Memorandum of Understanding with Korea’s largest digital asset custody institution, KODA. The two parties will jointly promote compliant access for Korean market institutions to the liquid staking token JitoSOL. The cooperation includes conducting market education for institutional investors, exploring compliant custody and staking pathways, and coordinating publicity based on the progress of Korea’s virtual asset regulatory framework. KODA offers cold wallet storage, MPC key management, institutional staking, and $20 million in digital asset insurance underwritten by Samsung Fire & Marine Insurance, and holds a Virtual Asset Service Provider (VASP) license and ISMS certification. Previously, the Jito Foundation had explored launching a JitoSOL ETF with Hanwha Asset Management, pending regulatory approval.