Jito to Launch JTX Transaction App in July, Targeting the Consumer Market
BlockBeats News, May 5th, Jito Labs, the Solana ecosystem staking protocol, plans to launch a consumer-oriented crypto trading app, JTX, in July this year, officially transitioning from the infrastructure layer to the front-end transaction business.
Initially, JTX will support Solana-based spot trading and will later integrate perpetual contract and prediction market functions, with the perpetual products possibly accessed through the Solana ecosystem trading platform, Phoenix.
Founded in 2021, Jito currently has about 39 employees and holds over $1 billion in cash reserves. The company performed well in 2025, recording a nearly $6 million revenue in a single week during popular on-chain transactions on Solana (such as the Meme coin craze), and received a $50 million investment from Andreessen Horowitz's crypto fund last year.
Jito CEO Lucas Bruder stated that the company is no longer satisfied with providing only the underlying infrastructure but aims to directly reach users through self-built applications to drive an upgrade in on-chain transaction experience.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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