Jito Foundation and Solana Company (NASDAQ: HSDT) have announced a partnership aimed at delivering institutional-grade SOL staking and infrastructure services across the Asia-Pacific (APAC) region. Solana Company, which holds approximately $180 million worth of SOL tokens, will combine Jito's Block Assembly Marketplace (BAM) technology with the Pacific Backbone network to run high-performance validators.
Institutional Staking Products
Under the agreement, Jito Foundation will develop institution-specific staking and yield products built around its liquid staking token, JitoSOL, targeting asset managers, portfolio advisors and regulated financial institutions. Marc Liew, Head of APAC at Jito Foundation, stated: "APAC is a leading region for institutional crypto adoption. This collaboration reflects our ambition to strengthen the local crypto ecosystem and deepen strategic ties within the region."
Three Focus Areas
The partnership covers three main areas: deploying joint BAM validators across four countries covered by Pacific Backbone; building enterprise-grade staking solutions based on JitoSOL; and formulating regional market entry strategies involving growth initiatives, research, education and industry participation. Financial terms and the launch timeline for the first validators have not been disclosed.
Background: Solana Company and Jito Foundation
Solana Company, co-founded with support from Pantera and Summer Capital, underwent a 1-for-50 reverse stock split in 2025 and last traded at $2.19 per share. Jito Foundation, a key player in Solana's validator economy offering liquid staking and maximal extractable value (MEV) services, received a $50 million investment from Andreessen Horowitz (a16z) last year. Teddy Hung, Head of Business Development and Advisory at Solana Company, said institutional investors demand compliant operations, and combining Jito's technology with Pacific Backbone enables APAC institutions to operate securely on Solana.
APAC Regulatory Push Accelerates Institutional Entry
Hong Kong has introduced crypto exchange regulations, Singapore continues to strengthen its digital asset hub status, while Japan and South Korea have established comprehensive legal frameworks for cryptocurrencies. Amid this diverse regulatory landscape and rapidly growing corporate staking demand, the partnership aims to help both entities expand their market share in APAC.