The Jito Foundation announced it has acquired SolanaFloor, a data and journalism platform covering the Solana ecosystem, with 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. 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.
Jito Foundation is a Solana ecosystem organization that supports development around the Jito protocol, which focuses on liquid staking and block-building infrastructure. The foundation coordinates grants, partnerships and other initiatives intended to support activity across the Solana network. Additional details about SolanaFloor’s editorial structure, team and commercial offerings are expected to be shared following the relaunch. Jito Foundation did not disclose the financial terms of the deal.
Step Finance hack forced shutdown of multiple Solana projects. Step Finance announced in February that it would shut down operations after a treasury wallet breach in late January drained roughly $40 million in Solana (SOL). The Solana DeFi aggregator said the closure would also extend to several affiliated platforms, including SolanaFloor and the lending and yield protocol Remora Markets.
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