Search results for JitoSOL
Crypto
Jito, Solana Company partner to build Solana validator servers in Hong Kong, Singapore, Japan and South Korea
The Jito Foundation and Solana-based digital asset treasury firm Solana Company will cooperate to expand validator and staking infrastructure for institutional investors in the Asia-Pacific region, The Block reported on Tuesday. The companies plan to build and operate Solana validator servers in Hong Kong, Singapore, Japan and South Korea using Solana Company’s institutional network, Pacific Backbone. They will also develop JitoSOL-based staking products for large financial firms in Asia.
Crypto
21Shares lists STRC ETN on London Stock Exchange linked to Strategy preferred shares
Asset manager 21Shares has listed the Strategy-linked STRC ETN on the London Stock Exchange, giving UK investors access via a locally listed product. The 21Shares Strategy Yield ETN tracks Strategy’s floating-rate Series A perpetual preferred shares, “Stretch”, linked to its bitcoin-focused treasury policy. Executives highlighted an 11.50 percent yield paid monthly in cash. Strategy’s financing structure may involve bitcoin sales to fund dividends.
Crypto
Hanwha Asset Management to work with Jito Foundation on liquid staking ETP
Hanwha Asset Management will cooperate with the Jito Foundation to develop an exchange-traded product using JitoSOL, a liquid staking token based on the Solana blockchain, The Block reported on Feb. 23 local time. The partnership focuses on establishing technical and regulatory foundations for financial products using JitoSOL. Hanwha said JitoSOL offers profitability and liquidity and could appeal to retirement pension investors seeking portfolio diversification.