The Jito Foundation has launched JitoSOL mint and redeem operations in collaboration with Anchorage Digital, the only US federally chartered crypto bank. This partnership makes JitoSOL the first Solana liquid staking token backed by a regulated US financial institution, offering institutional-grade custody and secure minting and redemption services. The move addresses prior challenges faced by institutions by combining the liquidity of liquid staking tokens with trusted custody solutions. With enhanced security infrastructure, regulatory clarity, and support for future financial product integration, this collaboration paves the way for broader institutional participation in the Solana ecosystem.
Continue to read JitoSOL Partners with Anchorage Digital to Become First US-Regulated Solana Liquid Staking Token
The Jito Foundation has launched JitoSOL mint and redeem operations in collaboration with Anchorage Digital, the only US federally chartered crypto bank. This partnership makes JitoSOL the first Solana liquid staking token backed by a regulated US financial institution, offering institutional-grade custody and secure minting and redemption services. The move addresses prior challenges faced by institutions by combining the liquidity of liquid staking tokens with trusted custody solutions. With enhanced security infrastructure, regulatory clarity, and support for future financial product integration, this collaboration paves the way for broader institutional participation in the Solana ecosystem.
Continue to read JitoSOL Partners with Anchorage Digital to Become First US-Regulated Solana Liquid Staking Token
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