Jito Foundation acquires SolanaFloor days after platform shutdown

Jito Foundation acquires SolanaFloor days after platform shutdown

The move to revive Solana ecosystem journalism comes after a $40 million treasury wallet breach at its parent Step Finance led to its shuttering.

The Jito Foundation has acquired SolanaFloor, a data and journalism platform covering the Solana ecosystem, and plans to relaunch the site after it shut down earlier this year following a security breach at its parent organization.

The platform went offline in February after its parent company, Step Finance, wound down operations following a treasury wallet breach. Before shutting down, SolanaFloor provided ecosystem news, research and onchain 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 shared with Cointelegraph.

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