The Great Onshoring: Solana Giant Jito Foundation Returns to the US
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Jito Foundation plans to return to the U.S. with an event in Washington, D.C. on January 8, motivated by clearer crypto regulations. This marks a significant shift as several projects previously moved offshore due to regulatory uncertainty. CEO Lucas Bruder highlights extensive lobbying and policy work as key factors for this decision.
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- Jito Foundation will return to the U.S. with an event in Washington, D.C. on January 8.
- The Foundation’s founder cites clearer regulation as the motivation for Jito’s return.
- Several crypto projects moved offshore in the past because of unclear rules.
Jito Foundation, a major validator on the Solana network, is set to return to the US following improvements in the crypto industry’s regulatory framework within the region, according to Jito Labs CEO, Lucas Bruder.
In his latest post on X, Bruder stated that the foundation is bringing its core operations back home after over a year of “in-the-trenches” policy work and a decade of lobbying and education from industry allies.
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