Jito Labs has hired Rebecca Rettig, a seasoned legal expert in cryptocurrency, as its inaugural chief legal officer to navigate compliance amidst changing regulations. Rettig has vast experience from her positions at Aave and Polygon, and she will help Jito adapt to new regulatory landscapes.
Jito Labs, an essential part of the Solana network, generated $674 million in tips in 2024, a significant rise from the previous year’s $3.52 million, and accounts for 94% of Solana’s staking volume. This growth reflects the increasing significance and innovation driven by Jito in the crypto ecosystem.