Home Jito Foundation Acquires SolanaFloor After Security Shutdown

Jito Foundation Acquires SolanaFloor After Security Shutdown

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The Jito Foundation has acquired SolanaFloor, a data and journalism platform covering the Solana ecosystem. It plans to relaunch the site that was shut down earlier this year following a security breach at its parent organisation. The platform went offline in February after its parent company, Step Finance, wound down operations after a treasury wallet breach.

Before shutting down, SolanaFloor provided ecosystem news, research and on-chain analytics tracking projects and market activity across the Solana network. Under the deal, SolanaFloor will resume operations under the Jito Foundation and continue publishing coverage of developments across the Solana ecosystem, according to a company press release. Awais Afzal, editor at SolanaFloor, said the platform’s existing editorial team has been absorbed as part of the acquisition and will remain in place following the relaunch.

The Jito Foundation is a Solana ecosystem organisation. It supports development around the Jito protocol, which focuses on liquid staking and block-building infrastructure. The foundation coordinates grants, partnerships and other initiatives with the aim of supporting activity across the Solana network.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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