Hanwha Asset Management Partners with Jito Foundation on JitoSOL ETP in Korea

Hanwha Asset Management teams with Jito to develop JitoSOL-linked ETP infrastructure, supporting South Korea’s regulatory transition under the digital asset basic law.

JITOSOL
JTO

Summary

South Korea’s Hanwha Asset Management has partnered with Jito to create exchange-traded product facilities based on JitoSOL liquid staking, according to SolanaFloor. Hanwha, which manages roughly 6.4 trillion KRW ($4.44 billion) in assets, is focusing on technical and regulatory readiness for these ETPs. The collaboration will integrate JitoSOL’s dual rewards structure, regulated custody systems, and risk management protocols, aligning with South Korea’s forthcoming digital asset basic law.

Terms & Concepts
  • JitoSOL: A Solana-based liquid staking token offering dual rewards from validator commission sharing and MEV distribution.
  • ETP (Exchange-Traded Product): A financial instrument traded on stock exchanges that tracks an underlying asset, index, or commodity.
  • Liquid Staking: A blockchain mechanism allowing users to stake assets while retaining liquidity through tradable staking tokens.