Hanwha Asset Management and Jito Foundation partnership for JitoSOL exchange-traded products.
Ethereum News

JitoSOL ETPs: Hanwha’s Strategic $4.44B Bet on Solana Liquid Staking for Retirement Portfolios

Seoul, South Korea – In a significant move bridging traditional finance and decentralized blockchain ecosystems, Hanwha Asset Management, a major South Korean financial institution, has announced a definitive partnership with the Jito Foundation. The collaboration aims to develop and launch regulated exchange-traded products (ETPs) based on JitoSOL, a leading liquid staking token on the Solana […]

Infographic showing Jito's $2.77B TVL drop on the Solana blockchain, analyzing liquid staking dynamics.
Blockchain News

Jito TVL Plummets $2.77B – Analyzing the Solana Liquid Staking Shift

Global, May 2025: The Solana decentralized finance (DeFi) ecosystem witnessed a significant recalibration this week as Jito, a leading liquid staking protocol, experienced a substantial withdrawal of funds. Data from multiple blockchain analytics platforms confirms a reduction in Total Value Locked (TVL) approximating $2.77 billion. This movement has ignited widespread analysis among developers, validators, and […]