The Jito (JTO) Foundation, a Solana-based liquid staking token, has partnered with Solana Company, a Solana data aggregation company (DAT), to collaborate on expanding validator and staking infrastructure for institutions in the Asia-Pacific (APAC) region, The Block reported. 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 develop jitoSOL-based staking products targeting large financial institutions in Asia.
