On April 14, Jito Foundation announced the signing of a memorandum of understanding with KODA, a South Korean digital asset custodian, to explore providing institutional custody and staking support for JitoSOL in the Korean market. According to a Monday announcement, the agreement covers the promotion of institutional investors and the development of compliant custody and staking pathways. This move comes as the South Korean Financial Services Commission is expected to finalize a digital asset regulatory framework later this year. In February, Jito Foundation began exploring the launch of a JitoSOL ETF in South Korea with Hanwha Asset Management, pending regulatory approval. KODA, supported by investors such as KB Kookmin Bank, holds a VASP license and ISMS certification, providing custody infrastructure including cold storage and MPC key management.