Hanwha Taps Jito Foundation for Solana Staking ETPs

Edgen Crypto

·Feb 23 2026, 10:17

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Key Takeaways

South Korean financial giant Hanwha Asset Management has partnered with the Jito Foundation to explore creating exchange-traded products (ETPs) for the JitoSOL liquid staking token. This move signals growing institutional interest in the Solana ecosystem and could establish a significant bridge between traditional finance and DeFi.

Hanwha Asset Management, a major South Korean firm, is partnering with the Jito Foundation.
The collaboration aims to create exchange-traded products (ETPs) based on the Solana liquid staking token, JitoSOL.
The deal could unlock significant institutional investment into the Solana ecosystem, setting a global precedent for similar products.

Hanwha Asset Management Targets Solana Liquid Staking

South Korea's Hanwha Asset Management has formed a strategic partnership with the Jito Foundation to develop regulated investment products for the Solana ecosystem. The collaboration is focused on creating exchange-traded products (ETPs) based on JitoSOL, a leading liquid staking token on the Solana network.

This initiative represents a significant move by a major traditional finance institution to embrace decentralized finance (DeFi) infrastructure. By creating an ETP, Hanwha aims to offer investors a familiar and regulated vehicle to access yields from Solana's proof-of-stake network.

Partnership Signals Institutional On-Ramp to DeFi

The creation of a JitoSOL ETP in South Korea would establish a major on-ramp for institutional and retail capital into Solana's DeFi ecosystem. JitoSOL allows holders to earn staking rewards while their underlying SOL remains liquid and usable across other DeFi applications. An ETP tracking this token would simplify exposure to this yield-generating strategy.

A successful launch is poised to increase demand for SOL, JitoSOL, and the JTO governance token. More importantly, it validates the liquid staking model as a viable asset class for traditional asset managers and sets a key precedent for similar TradFi-DeFi product integrations worldwide.