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>>Hanwha Asset Management joins forces with Jito Foundation in a liquid‑staking ETP innovation that reshapes the crypto investment arena

Hanwha Asset Management joins forces with Jito Foundation in a liquid‑staking ETP innovation that reshapes the crypto investment arena

crypthub

about 3 hours ago

Strategic Partnership

Hanwha Asset Management has teamed up with the Jito Foundation to build infrastructure for liquid‑staking exchange‑traded products (ETPs). The collaboration expands Hanwha’s earlier MoU with the Solana Foundation and follows the recent JSOL ETP listing on Euronext. It aims to let investors earn staking rewards while keeping their capital liquid. By combining Hanwha’s product‑structuring expertise with Jito’s Solana validation know‑how, the partners target regulated crypto offerings in South Korea.

Regulatory Landscape

South Korea’s digital‑asset rules have tightened since the 2024 Virtual Asset User Protection Act and FSC custody guidelines. These frameworks require strict AML, KYC, and reporting standards for any crypto investment vehicle. The Hanwha‑Jito joint effort is designed to meet those compliance demands while establishing clear custody and token‑classification protocols. This regulatory alignment is essential for bringing institutional‑grade ETPs to market.

Market Impact and Outlook

Liquid‑staking ETPs could channel significant institutional capital into the Solana ecosystem, whose high throughput and low fees suit large‑scale products. Success in South Korea may spur similar regulated offerings across Asia and encourage cross‑border listings. Future plans include multi‑asset staking products, pension‑fund integration, and derivative extensions. The partnership signals a broader shift toward blending traditional finance with decentralized blockchain services.