Jito Secures $50M From Andreessen Horowitz to Boost Solana Staking

TLDR Andreessen Horowitz invested $50 million in Jito through its crypto division a16z Crypto. Jito is a Solana-based liquid staking protocol that allows users to stake SOL while retaining liquidity. The investment includes a discounted token allocation though the exact amount remains undisclosed. Jito currently holds around $2.8 billion in total value locked making it [...]

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