Jito Foundation and Hanwha Asset Management Partner to Bring JitoSOL ETP to Korea

Jito announces an MOU with one of Korea's largest asset managers to expand institutional access to Solana, including the launch of a JitoSOL-based exchange-traded product.

Today, the Jito Foundation is announcing a memorandum of understanding with Hanwha Asset Management to advance the adoption of Solana's economic infrastructure across Korean institutional markets.

Under the agreement, Jito and Hanwha will collaborate on expanding institutional access to Solana through regulated financial products, beginning with the launch of a JitoSOL-based exchange-traded product, the first of its kind in Asia.

This partnership represents a significant step in Jito's ongoing global expansion and underscores a broader shift: traditional finance is no longer watching Solana from the sidelines. It's building on it.

Why Hanwha

Hanwha Asset Management is one of the oldest ETF issuers in Korea and a subsidiary of the Hanwha Group, one of South Korea's largest conglomerates. Their PLUS ETF brand launched in 2009. Between 2020 and 2021, Hanwha became the first domestic asset manager in Korea to stand up a dedicated digital asset team and publish crypto-focused research.

In January 2026, Hanwha signed a memorandum of understanding with the Solana Foundation to explore Solana-based exchange-traded products, educational programs, and custody guidelines. Today's announcement with Jito deepens that commitment, moving from exploration to execution.

When an institution with this track record selects a specific piece of infrastructure to build on, it signals something important. Hanwha didn't choose JitoSOL because it offers the highest yield. They chose it because of its liquidity depth, security track record, and integration across the Solana ecosystem. That distinction matters.

JitoSOL as Institutional Infrastructure

JitoSOL is the leading liquid staking token on Solana, with a market cap exceeding $1 billion and over 14.7 million SOL in total value locked. It powers staking economies for a broad cross-section of the Solana ecosystem, from individual holders to DeFi protocols to, increasingly, regulated financial products.

This is not an isolated development. JitoSOL is already embedded in institutional products across markets:

In the United States, VanEck filed an S-1 for a dedicated JitoSOL ETF in August 2025, positioning JitoSOL as a trusted vehicle for traditional investors seeking Solana-native staking exposure.

The REX-Osprey Solana + Staking ETF (SSK) integrated JitoSOL into its portfolio in July 2025, making it the first US-listed ETF to offer protocol-level liquid staking rewards. SSK surpassed $100 million in assets under management within weeks of launch.

FalconX, one of the leading institutional digital asset prime brokerages, began accepting JitoSOL as collateral in early 2025, extending its utility beyond staking into institutional trading infrastructure.

Hanwha's JitoSOL ETP adds Korea to this growing map. What's emerging is a pattern: when institutions around the world build regulated Solana products, they build on JitoSOL. Not because of any single feature, but because it has become the default infrastructure layer for Solana's staking economy.

What This Means for Korea

South Korea is one of the largest and most active cryptocurrency markets in the world. Eight Solana-linked ETFs are now listed on the New York Stock Exchange, with combined assets under management surpassing $1 billion. Korean regulators have been moving toward clearer frameworks for digital assets, and institutional players like Hanwha are responding by building compliant products that bridge traditional finance with on-chain economies.

For Korean investors, the Hanwha JitoSOL ETP offers something that didn't previously exist: regulated, brokerage-accessible exposure not just to Solana's token upside, but also to staking rewards. No wallets. No DeFi interfaces. No custody complexity. Just the economic engine of Solana, accessible through the financial system investors already use.

For the Solana ecosystem, this is validation. Every regulated product built on JitoSOL increases the surface area of institutional participation in the network. More institutional capital flowing through JitoSOL means more stake securing the network, more liquidity circulating through DeFi, and a stronger economic foundation for Internet Capital Markets.

What Comes Next

We believe the institutional adoption of JitoSOL is just getting started. The infrastructure is in place. The products are launching. And the builders, from validators to asset managers, are choosing to build on Jito.

Korea is a market we take seriously, and Hanwha is exactly the kind of partner that can help bring Solana's economic potential to a new class of participants. We're proud to be building this together, and look forward to continuing to make JitoSOL accessible to traditional investors worldwide. 

About Jito Foundation

The Jito Foundation coordinates ecosystem activities and accelerates the adoption of Solana’s Market Layer, the Jito Network, under the direction of the Jito DAO. By driving governance proposals, distributing grants, and forging strategic partnerships, the Foundation empowers stakeholders to shape the future of Solana’s economic coordination and value. Through transparent, community-driven initiatives, the Jito Foundation ensures the sustained growth and resilience of Solana's DeFi ecosystem, benefiting validators, stakers, and the broader community. Learn more at jito.network 

About Hanwha Asset Management

Hanwha Asset Management is the asset management arm of South Korea's Hanwha Group. As the operator of Korea's PLUS ETF brand, Hanwha has been at the forefront of innovative financial product development. The firm was the first Korean asset manager to establish a dedicated digital asset team and has positioned itself as an institutional leader in the country's evolving digital asset landscape.