Strategic Partnership and Regulatory Preparation Hanwha Asset Management, one of South Korea's leading asset management firms, has signed a cooperation agreement with the Jito Foundation to include the Solana-based liquid staking token JitoSOL in regulated exchange-traded products (ETPs).
This move aims to establish infrastructure for institutional investors at a time when preparations for digital asset legislation are gaining momentum in South Korea.
Technical Infrastructure and Risk Management Under the agreement, the parties plan to carry out the technical integration of JitoSOL into ETP structures, verify secure custody solutions, and establish risk management frameworks.
The partners will coordinate compliance processes with local authorities and conduct the necessary technical work to offer Solana-based financial products within a legal framework.
Dual Yield Mechanism for Investors Choi Young-jin, Vice President of Hanwha Asset Management, highlighted JitoSOL's high liquidity and yield potential, stating that this asset will provide portfolio diversification opportunities, particularly for pension fund investors.
JitoSOL will be launched with a dual yield mechanism that includes Maximum Extractable Value (MEV) rewards in addition to standard staking rewards.
Global Market Positioning Hanwha's initiative aligns with similar steps taken globally.
Previously, 21Shares listed the Jito Staked SOL ETP on the Euronext exchange, while VanEck applied to the SEC for a similar product in the United States.
Managing approximately $4.44 billion in assets as of 2025, Hanwha Asset Management aims to strengthen its strategic position in the digital asset market through this partnership.
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Hanwha Asset Management and Jito Foundation Partner for Solana-Based ETP
South Korean asset management giant Hanwha has partnered with the Jito Foundation to integrate the Solana-based liquid staking token JitoSOL into regulated exchange-traded products.
Sources
- Haberler · baglanti