Staff Writer • 2025-02-19
Institutional Trading Meets Solana Staking Rewards The Jito Foundation, overseeing the growth and adoption of Jito protocols under the direction of the Jito DAO, has announced that Jito Staked Solana (JitoSOL) will now be accepted as collateral by FalconX, the largest institutional digital asset prime brokerage. Additionally, FalconX will provide secure custody for JitoSOL, allowing its institutional clients to optimize their interactions with Solana’s staking economy. Unlocking New Trading Strategies with JitoSOL FalconX clients can now use JitoSOL as collateral for over-the-counter spot trading, derivatives, and borrowing activities. This integration enables institutions to earn passive SOL yield on their collateral, unlocking new trading strategies while retaining liquidity. By merging Solana staking rewards with institutional trading strategies through JitoSOL, FalconX introduces an innovative approach that enhances capital efficiency and optimizes asset utilization. This move underscores the increasing institutional interest in liquid staking and how digital assets can revolutionize institutional finance. By leveraging JitoSOL, institutions gain the benefits of staking rewards without sacrificing their ability to engage in active trading and investment strategies. A Milestone for Institutional Adoption of Solana Staking “FalconX’s inclusion of JitoSOL as trading collateral highlights an exciting new use case for JitoSOL and the broader Jito infrastructure,” said Brian Smith, Head of the Jito Foundation. “For Solana to achieve global adoption, institutions need seamless ways to secure the network while retaining access to their trading collateral. By integrating JitoSOL, FalconX is setting a new standard for institutional participation, driving adoption, and showcasing how the Jito and Solana ecosystems can power the future of decentralized finance.” JitoSOL addresses the common challenge faced by traditional SOL holders—balancing yield generation with trading flexibility without locking up tokens. Unlike traditional SOL, which experiences daily dilution without staking yield, JitoSOL combines liquidity with passive yield and MEV fees, resulting in superior overall returns for holders. This makes JitoSOL an attractive option for institutional investors looking for both yield and capital efficiency. FalconX Expands Its Prime Brokerage Services FalconX’s decision to support JitoSOL as collateral marks a significant milestone in institutional finance. “FalconX is proud to be the first and only prime brokerage offering institutional investors the ability to use JitoSOL as collateral for trading,” said Connor Siwik, US Spot Trading Lead at FalconX. “Jito’s innovation aligns with our mission to empower institutional investors with cutting-edge tools and liquidity solutions. Integrating JitoSOL furthers our goal of creating capital-efficient solutions for our clients—who can now access MEV-boosted staking rewards while maintaining trading flexibility.” About the Jito Foundation The Jito Foundation coordinates ecosystem activities and accelerates the adoption of Jito’s innovative technologies under the direction of the Jito DAO. Through governance proposals, grant distributions, and strategic partnerships, the Foundation empowers stakeholders to shape the future of Jito’s decentralized infrastructures. By fostering transparent, community-driven initiatives, the Jito Foundation supports the sustained growth and resilience of Solana’s DeFi ecosystem, benefiting validators, stakers, and the broader community. Learn more at jito.network. About FalconX FalconX is a premier digital assets prime brokerage serving the world’s top institutions. The firm provides comprehensive access to global digital asset liquidity and a full suite of trading services. With a dedicated 24/7 team supporting account operations and trading needs, FalconX enables institutional investors to navigate markets around the clock. FalconX Bravo, Inc., a FalconX affiliate, was the first CFTC-registered swap dealer focused on cryptocurrency derivatives. The company is backed by leading investors, including Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thoma Bravo, Tiger Global Management, and Wellington Management. FalconX operates from offices in Silicon Valley, New York, London, Hong Kong, Bengaluru, Singapore, and Valletta. For more information, visit falconx.io or follow FalconX on X and LinkedIn.
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