Solana infrastructure project Jito on Tuesday claimed its protocol’s flagship token, JitoSOL, is not a security. That a crypto project would believe such a thing of its $2.4 billion asset is hardly surprising. More interesting: the very public method with which Jito delivered its opinion.
Jito Foundation’s new „Securities Classification Report” explains in 24 footnoted pages precisely why JitoSOL is not, cannot and will not fall under SEC oversight. It’s the kind of inside baseball perspective that crypto lawyers often prepare for their clients, but seldom for public consumption.
Trump’s embrace of crypto emboldened Jito to say in public what they already thought behind closed doors, people at Jito Labs – the company building the widely-used piece of Solana infrastructure – told CoinDesk. The project’s Swiss-based Jito Foundation drafted and released its own report to encourage other industry players to do the same.
„There’s a lot of optimism right now from builders, and more wi
We współpracy z: https://www.coindesk.com/policy/2025/03/17/solana-s-biggest-protocol-jito-leans-in-on-a-changed-dc
