Jito Foundation Releases JitoSOL Securities Classification Report

NEW YORK, March 18, 2025 /PRNewswire/ -- Jito Foundation, the organization that oversees ecosystem growth and adoption of Jito protocols under the direction of the Jito DAO, today released the JitoSOL Securities Classification Report. The report applies established legal frameworks—including the Howey and Reves tests—to demonstrate why neither JitoSOL nor transactions involving the Jito Stake Pool are securities, but instead function as decentralized technological utilities.

"With this report, the Jito Foundation is taking a proactive step to ensure that regulatory clarity empowers, rather than hinders, participation in the American crypto industry," said Lucas Bruder, core contributor to the Jito Foundation. "By providing a clear, well-reasoned legal analysis, the Jito Foundation provides clarity around its support for a regulatory framework that fosters innovation while ensuring broad access to decentralized technologies like JitoSOL."

The JitoSOL Securities Classification Report is an important initiative that will bring clarity to regulators and the broader financial industry, which in turn will benefit developers, users, and founders. The Jito Foundation will continue to work with US policymakers and stakeholders across the industry to ensure responsible innovation in decentralized technologies.

To read the full report, visit: https://www.jito.network/blog/jitosol-securities-classification-report 

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. By driving governance proposals, distributing grants, and forging strategic partnerships, the Foundation empowers stakeholders to shape the future of Jito's decentralized infrastructures. Through transparent, community-driven initiatives, the Jito Foundation ensures the sustained growth and resilience of Solana's DeFi ecosystem, benefiting validators, stakers, and the broader community. Learn more at jito.network

Media Contact:
M Group Strategic Communications (on behalf of the Jito Foundation)
[email protected]

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SOURCE Jito Foundation