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.