Fundraising Fox

Jito

8 known investors

Jito optimizes transaction execution and MEV (maximal extractable value) rewards on the Solana blockchain network. The platform allows validators and stakers to earn additional rewards while improving network transparency and fairness through its TipRouter consensus mechanism.

Also known as Jito Foundation · Jito Labs · Jito Network

Founders & leadership

ZSZano Sherwani
Zano SherwaniinFounder

Investors · 8

Also in the syndicate · 1

Andreessen Horowitz (a16z crypto)lead

Company profile

researched Aug 2026

Jito operates infrastructure for the Solana blockchain spanning transaction execution, staking capital and token-based incentives, positioning itself as Solana's "market layer." Its core product is the Jito Stake Pool, which lets users stake SOL in exchange for JitoSOL, a liquid staking token that accrues both ordinary staking rewards and MEV (maximum extractable value) rewards generated when validators reorder or bundle transactions. Jito stakes exclusively with validators running software that introduces an auction mechanism intended to reduce network congestion and improve performance. JitoSOL is designed to remain liquid and composable, so holders can also use it in lending protocols, yield farming and other Solana DeFi applications.

Beyond liquid staking, Jito runs BAM (a block-building and auction framework) offering verifiable transaction ordering, pre-execution privacy and programmable blockspace; Jito (Re)staking, a multi-asset staking protocol for Node Consensus Networks (NCNs) that supports any SPL token, customizable slashing conditions and issues Vault Receipt Tokens (VRTs); and JTX, a trading access product. Governance and value capture sit with the JTO token, whose holders vote on treasury allocations, protocol parameters and upgrades via the Jito DAO. Related components documented by the project include Stakenet, TipRouter, and the Jito Interceptor Program. Organizationally, the material references Jito Labs as the commercial entity that raised venture capital and the Jito Foundation as the ecosystem organization supporting development of the Jito protocol and coordinating grants, partnerships and other initiatives.

Business model

Jito monetizes protocol activity rather than software licences. The Jito DAO treasury collects an annual management fee equal to 4% of total JitoSOL rewards and 5.7% of all Jito tips paid by searchers and applications, plus coordination revenue from BAM. Treasury revenue is directed to buybacks, grants and incentives, creating a loop in which more Solana activity produces more protocol revenue that is used to fund further activity.

Protocol fees: a 4% annual management fee on total JitoSOL rewards, 5.7% of Jito tips paid by searchers and applications, and coordination revenue from BAM, accruing to the Jito DAO treasury.

Traction

The company reports more than $1B in cumulative tips, plus published (but unspecified in the material) figures for TVL in SOL, JitoSOL holders, all-time and annualized revenue. The restaking protocol reports 10 vaults. Commentary cited on Jito's site states Jito generated roughly $1.1B in fees over a trailing 12-month period. Institutional adoption is described as rising through JitoSOL-based ETFs.

Latest developments

BAM, Jito's blockchain auction mechanism, reached mainnet launch. In October 2025 Jito Labs announced a $50 million strategic round led by a16z crypto, in which a16z received an allotment of Jito's native tokens under long-term lock-up terms. The Jito Foundation subsequently acquired SolanaFloor, a Solana-focused data and journalism platform that had gone offline in February after its parent, Step Finance, wound down following a treasury wallet breach; SolanaFloor's editorial team was retained and the site is to be relaunched with editorial operations run independently of the foundation. Financial terms were not disclosed.

Full profile — market position, technology, go-to-market, geography, risks & controversies

Market position

Described as a key infrastructure player in the Solana ecosystem and as Solana's first staking product that includes MEV rewards, bridging staking infrastructure and DeFi. The a16z investment was characterised as one of the largest single commitments by the firm to a staking protocol.

JitoSOL passes MEV rewards through to holders in addition to base staking rewards, and Jito restricts delegation to validators running its performance-enhancing software with an auction mechanism to reduce congestion. Its restaking layer adds multi-asset support and liquid Vault Receipt Tokens, while JTO ties governance rights to protocol revenue from staking fees, tips and BAM.

Technology

Validator-side software that runs MEV auctions and tip collection on Solana; a stake pool contract that mints and redeems JitoSOL; BAM, a block-building framework providing verifiable ordering, pre-execution privacy and programmable blockspace; and a restaking protocol with vaults that issue Vault Receipt Tokens, supporting any SPL token with configurable staking parameters, slashing conditions and economic incentives for Node Consensus Networks and node operators. Additional documented modules include Stakenet and TipRouter.

Go-to-market

Direct minting of JitoSOL through the Jito staking app (including swaps via DFlow), DeFi integrations that make JitoSOL and VRTs usable as collateral, institutional partnerships, JTO listings on major exchanges including Binance, Bithumb, Bybit, Coinbase, Kraken, KuCoin, OKX and Upbit, and DAO-funded grants and incentive programs. Following its $50M round, Jito Labs stated plans to expand institutional partnerships, scale MEV-powered liquidity systems and deepen JitoSOL integration across Solana DeFi.

SOL holders and stakers seeking liquid staking yield, Solana validators and node operators, searchers and applications paying tips for transaction inclusion, DeFi protocols integrating JitoSOL and VRTs, and institutions, funds, custodians and exchanges adopting liquid staking products.

Geography

Marketed globally, with JTO trading on international exchanges including Binance, Bithumb, Bybit, Coinbase, Kraken, KuCoin, OKX and Upbit.

Risks & controversies

Jito's revenue is tied directly to Solana network activity and MEV volumes, so protocol income and JTO value accrual depend on growth of onchain activity. Its acquisition target SolanaFloor had been shut down after a $40 million treasury breach at parent company Step Finance, and Jito states that BAM is intended to mitigate harmful MEV, indicating MEV extraction itself as an area of ongoing contention. Revenue-sharing from BAM to token holders was described as a proposal with details to be determined at a later stage.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Cumulative tipsJan 2026$1B+
JitoSOL management fee (share of total rewards)Jan 20264%
Number of restaking vaultsJan 202610 vaults
Share of Jito tips accruing to DAO treasuryJan 20265.7%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 10

by search overlap
Coinbase55 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
Bitget34 shared keywordsBitget is a cryptocurrency exchange platform that also offers Bitget CFD, letting users trade traditional assets such as forex, gold, crude oil, and indices directly with USDT via an MT5 account. It provides multi-asset trading with up to 500x leverage for retail and crypto traders.
CryptoRank30 shared keywordsCryptoRank provides cryptocurrency market data, analytics, and research, including live prices and market capitalization rankings for thousands of coins, along with fundraising trends and token sale tracking. It publishes insights and reports covering exchanges, funding rounds, and market narratives for crypto investors and researchers.
Kraken25 shared keywordsKraken 360 Investments provides capital and launch infrastructure to blockchain protocols in pre-token and early post-token phases, offering custody, staking, treasury, and liquidity services alongside fundraising support.
Crypto25 shared keywordsCrypto.com operates a regulated all-in-one financial app where users can buy, trade, earn, and spend cryptocurrencies, stocks and ETFs, and prediction market contracts, plus a self-custody onchain wallet with DeFi access. It serves retail and institutional investors globally, with equities and prediction markets offered to US users under SEC and CFTC regulation.
KuCoin24 shared keywordsKuCoin is a cryptocurrency exchange where users can trade digital assets. It highlights proof-of-reserves transparency and ranks among the larger crypto trading platforms.
Jito Labs23 shared keywordsJito provides MEV (Maximal Extractable Value) infrastructure for the Solana blockchain, including a Block Engine, Bundles, ShredStream, and APIs. Its tools are aimed at traders and network participants seeking to optimize transaction ordering and trading performance on Solana.
OKX23 shared keywordsOKX is a cryptocurrency exchange offering trading with high execution speed, low fees, and APIs, aimed at both beginner and experienced traders. It also provides Web3 features for accessing decentralized services.
Phantom22 shared keywordsPhantom is a multichain cryptocurrency wallet designed for consumer accessibility and ease of use. The platform enables token swaps, social features, and money transfers between users.
Blockworks22 shared keywordsBlockworks operates a platform for onchain capital markets, connecting investors and businesses and providing data, research, and information to help investors underwrite crypto assets. It also produces market and crypto research and media content such as its "The Breakdown" series.

Companies competing with Jito for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 3

launches, deals, and filings
Jan 2026
Jito Foundation acquires SolanaFloor

The Jito Foundation acquired SolanaFloor, a Solana ecosystem data and journalism platform, and plans to relaunch it. SolanaFloor's editorial team was retained and day-to-day editorial operations are to be conducted independently of the foundation. Financial terms were not disclosed. SolanaFloor had gone offline in February after parent company Step Finance wound down operations following a treasury wallet breach.

source ↗

Oct 2025
Jito Labs raises $50M strategic round led by a16z crypto

Jito Labs announced a $50 million strategic investment led by Andreessen Horowitz's crypto arm. In return, a16z received an allotment of Jito's native tokens under terms involving a long-term lock-up; specific terms were not disclosed. Proceeds were earmarked for expanding institutional partnerships, scaling MEV-powered liquidity systems and further JitoSOL DeFi integration.

$50M source ↗

Jan 2025
BAM mainnet launch

BAM, Jito's blockchain auction mechanism for block building and validator coordination, reached mainnet launch.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed
  • Jitojito.network · web

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Jito do?
Jito builds Solana liquid staking, MEV/block-building and restaking infrastructure, with JitoSOL and the JTO governance token.
Who founded Jito?
Jito was founded by Zano Sherwani.
Who are Jito's investors?
Jito's investors include a16z crypto, Andreessen Horowitz, Electric Capital, Multicoin Capital, Placeholder VC, Robot Ventures, Solana Ventures.