Wavebridge signs MOU with Jito Foundation to bring JitoSOL institutional products to South Korea

Wavebridge, a licensed Virtual Asset Service Provider headquartered in Seoul, has signed a memorandum of understanding with the Jito Foundation to develop JitoSOL-based institutional products specifically designed for the South Korean market. The deal pairs one of Korea’s established digital asset infrastructure firms with the operator behind Solana’s largest liquid staking token. What the partnership actually involves Under the agreement, Wavebridge will handle the heavy lifting on custody, product structuring, and distribution. The Jito Foundation, meanwhile, will provide technical guidance on staking mechanics, reward structures, and the risk profile of JitoSOL. JitoSOL is a liquid staking token on Solana that combines standard staking rewards with MEV (maximal extractable value) rewards. Holders earn yield from both validating transactions and from the extra value that gets captured when transactions are ordered optimally. Over 14 million SOL have been deposited into the JitoSOL protocol as of early 2026, making it the dominant liquid staking option on Solana by a wide margin. The MOU was signed around July 27, 2026. Beyond just product development, the two organizations plan t...