Catenaa, Friday, February 27, 2026- Hanwha Asset Management has formed a strategic partnership with the Jito Foundation to develop infrastructure for liquidity staking exchange-traded products (ETPs) using JitoSOL, a liquid staking token on the Solana blockchain.
The collaboration focuses on technical integration of JitoSOL into regulated ETP structures, secure custody solutions, risk management frameworks, and compliance coordination with South Korean authorities.
Products will incorporate JitoSOL’s dual yield mechanism, combining standard staking rewards with maximal extractable value (MEV) returns.
Choi Young-jin, vice president of Hanwha Asset Management, described JitoSOL as an alternative asset designed to diversify retirement pension portfolios while offering liquidity and attractive returns.
The initiative reflects a growing institutional interest in digital asset products ahead of South Korea’s pending Digital Asset Basic Act, legislation intended to clarify regulatory frameworks for crypto products.
The partnership follows global developments in JitoSOL ETPs. In January, 21Shares launched the Jito Staked SOL ETP on Euronext, while VanEck filed for a JitoSOL ETF in the United States, which is still under review by the SEC.
Hanwha manages roughly 6.4 trillion won ($4.44 billion) in assets and is positioning to launch compliant, locally regulated crypto ETPs once the legislation is finalized.
South Korea’s Digital Asset Basic Act has been delayed due to disputes over stablecoin issuer eligibility, with regulators considering bank-only licensing.
Despite the delay, major financial institutions are building the infrastructure needed to offer digital asset products in compliance with the expected legislation.
