Korea's large asset management firm Hanwha Asset Management has reached a strategic partnership with Jito Foundation to promote the local technical and regulatory readiness of a compliant ETP product based on Solana's liquid staking token JitoSOL. The focus includes the integration of JitoSOL with the ETP structure, establishing compliant custody and risk management frameworks, and coordinating regulatory compliance. The "dual yield mechanism" of JitoSOL (standard staking rewards + MEV rewards) is a key design feature. (The Block)
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Korea's large asset management firm Hanwha Asset Management has reached a strategic partnership with Jito Foundation to promote the local technical and regulatory readiness of a compliant ETP product based on Solana's liquid staking token JitoSOL. The focus includes the integration of JitoSOL with the ETP structure, establishing compliant custody and risk management frameworks, and coordinating regulatory compliance. The "dual yield mechanism" of JitoSOL (standard staking rewards + MEV rewards) is a key design feature. (The Block)