ChainCatcher report: The Jito Foundation has signed a memorandum of understanding with Korean digital asset custodian KODA to explore institutional custody and staking support for JitoSOL in the South Korean market.According to Monday’s announcement, the agreement covers the promotion of institutional investors and the development of compliant custody and staking pathways. This comes as South Korea’s Financial Services Commission is expected to finalize its digital asset regulatory framework later this year. In February, the Jito Foundation already began exploring the launch of a JitoSOL ETF in Korea with Hanwha Asset Management, pending regulatory approval. KODA, backed by investors including KB Kookmin Bank, holds a VASP license and ISMS certification, providing custody infrastructure including cold storage and MPC key management.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.

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