The Jito Foundation has entered into a memorandum of understanding with South Korean digital asset custodian KODA to explore institutional custody and staking support for JitoSOL. Announced on Monday, the partnership aims to promote institutional investment and develop compliant custody and staking solutions in South Korea. This initiative aligns with the anticipated finalization of South Korea's digital asset regulatory framework later this year. Earlier this year, the Jito Foundation began exploring the launch of a JitoSOL ETF in collaboration with Hanwha Asset Management, pending regulatory approval. KODA, supported by investors such as KB Kookmin Bank, is equipped with a VASP license and ISMS certification, offering robust custody infrastructure including cold storage and MPC key management.