The Jito Foundation announced its acquisition of SolanaFloor, a data platform and news site focused on the Solana blockchain, and plans to relaunch the publication after its recent closure.
SolanaFloor ceased operations last month after a $27 million exploit involving its parent organization, Step Finance. The team considered external financing and an acquisition, but was unable to continue operating the platform.
Jito intervened to bring the site back online but did not reveal the acquisition value. The foundation said SolanaFloor would resume publication immediately while maintaining editorial independence. The newsroom will continue to cover network activity, market movements and technical development across the Solana ecosystem.
“When SolanaFloor went dark, the ecosystem lost something that was difficult to replace,” said Brian Smith, president of the Jito Foundation. He described the acquisition as a commitment to supporting an information infrastructure that allows market participants to understand on-chain developments.
The relaunch comes as the Solana network remains resilient. Spot exchange-traded funds linked to the token now hold nearly $1 billion in assets, while the total value locked across the network’s DeFi ecosystem stands at $6.7 billion.
Jito himself plays a role in Solana’s infrastructure. The project is developing software used by validators to manage the order of transactions and capture maximum extractable value, or MEV, a form of additional revenue that can arise during block production.
The network also operates a liquid staking system that allows users to deposit SOL and receive a token called JitoSOL that remains usable in decentralized finance applications while earning staking rewards.
Under new ownership, SolanaFloor’s editorial team will retain control over story selection and coverage priorities. Jito said details on the platform team, partnerships and business offerings will be provided as the relaunch progresses.
