The Block reported that the Jito (JTO) Foundation, which issues Solana-based liquid staking tokens, has partnered with Solana Company, a Solana accumulation company (DAT), to cooperate in expanding validator and staking infrastructure for institutions in the Asia-Pacific (APAC) region. The two companies plan to jointly install and operate Solana validator servers across APAC, centered around Solana Company's institutional infrastructure network 'Pacific Backbone,' which connects Hong Kong, Singapore, Japan, and Korea, and to develop jitoSOL-based staking products targeting large financial institutions in Asia.
