Solana firm Jito launches a consumer trading app months after raising $50 million |
Solana firm Jito launches a consumer trading app months after raising $50 million
Over the past four years, crypto startup Jito has made its name building infrastructure for the Solana blockchain network. But coming off of a banner 2025, Jito is no longer content to remain on the back end of crypto trading and plans to launch a consumer-facing trading app, called JTX, in July.
The app will offer spot trading to start, with integrations for perpetual futures and prediction markets to come. It marks Jito’s entrance into the consumer trading space, a sector that has minted some of crypto’s biggest breakouts but is becoming increasingly crowded by new entrants.
Founded in 2021, Jito has 39 employees across two entities and “well north of $100 million” in cash on hand, CEO and co-founder Lucas Bruder said in an interview with Fortune.
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