Partnerships
Jito Foundation Buys ORE Tokens as ORE Reserve Converts SOL to JitoSOL
By News Desk ·
Key takeaways
- Jito Foundation bought ORE tokens for the first time on November 3, 2026, while the ORE Reserve converted part of its SOL allocation into JitoSOL.
- ORE caps its supply at 3 million tokens and charges a 10% fee on losing mining stakes to fund buybacks and burns.
- The ORE Reserve first added JitoSOL on October 13, 2026, and its total value locked passed $250,000 by mid-October.
Jito Foundation bought ORE tokens for the first time and the ORE Reserve converted part of its SOL allocation into JitoSOL, the two Solana projects said on November 3, 2026. Crypto Briefing reported the reciprocal treasury holdings. The Jito Foundation runs a treasury earmarked for ecosystem investments.
How the Jito and ORE Treasury Swap Works
The Jito Foundation acquired ORE tokens through its ecosystem treasury, its first purchase of the asset. On the same day, the ORE Reserve moved a portion of its SOL into JitoSOL, a liquid staking token, so that idle reserve capital starts earning staking yield. The Reserve also keeps buy-side liquidity on Solana, meaning money is ready to purchase tokens when sellers show up.
The Reserve exists partly to generate fees and absorb selling pressure, and the JitoSOL position supports both goals. ORE describes itself as a store of value protocol with supply capped at 3 million tokens. Distribution runs through a mining game in which users stake SOL for a chance to earn ORE, and the protocol charges a 10% fee on losing mining stakes. That revenue funds automated buybacks and token burns that remove ORE from the market permanently.
The relationship began on October 13, 2026, when the ORE Reserve first added JitoSOL as a productive asset, positioned as the first yield-bearing asset in the Reserve meant to maximize liquidity support. By mid-October, the Reserve's total value locked had passed $250,000, with holdings including USDC, GLDx, USDv and, after the integration, JitoSOL. Crypto Briefing noted that holding JitoSOL exposes the ORE reserve to SOL's price and to liquid staking mechanics, while Jito's ORE position rises and falls with a small-cap token.
Jito's Staking and Trading Products
According to akta.pro company records, Jito launched its (Re)Staking protocol in June 2026, enabling multi-asset staking of SPL tokens across Node Consensus Networks with a 4% reward fee and 0.1% withdrawal fee, and activated three of four components of Solana's Market Layer. In July 2026 the company scheduled the launch of JTX, a self-custody consumer trading app on Solana that returns 80% of platform fees to JTO token holders. The same records show Jito's network became the largest protocol on Solana with $1.4 billion in TVL, representing 38% of the ecosystem's total value locked and nearly 10 million SOL tokens.
Jito's Earlier Solana Partnerships
Jito Foundation and Solana Company, which trades on Nasdaq under the ticker HSDT, announced a strategic partnership in May 2026 to expand institutional Solana infrastructure across the Asia-Pacific region, leveraging Solana Company's public market presence, according to akta.pro records. In April 2026, Jito Foundation signed a memorandum of understanding with Korean digital asset custodian KODA to develop custody and staking support for JitoSOL in South Korea. Jito was also listed as a supporting protocol alongside Jupiter and Reactive Network in Fracton Ventures' AUTON DeFi and AI acceleration program, which runs from April to July 2026.