a16z Crypto Invests $50 Million in Solana Staking Protocol Jito

A16z Crypto, the investment arm of Andreessen Horowitz, has invested $50 million in Jito, a Solana-based liquid staking and infrastructure protocol. This strategic investment was made through a private token sale, granting A16z Crypto ownership of Jito’s native JTO tokens. The funding will support Solana’s staking network by enhancing liquidity, validator performance, and overall efficiency. This deal marks the largest single investment Jito has received to date.