Rich by Coin

SolanaFloor reported the acquisition and that it’s resuming operations today, March 10, just over two weeks after the media outlet announced it was shutting down, “effective immediately.”
SolanaFloor will retain editorial independence after the acquisition, clarifying that its “mission and editorial processes will remain unchanged under Jito Foundation’s stewardship.”
On the foundation’s motivations for the deal, Brian Smith, president of Jito Foundation, reiterated the foundation’s commitment to SolanaFloor’s editorial independence, explaining: “Jito has a long-term stake in the health of the Solana ecosystem, and that means investing in the infrastructure and public goods that keeps the community informed.”

The acquisition marks an important moment for crypto media, which has seen multiple outlets shutter their newsrooms in recent months.
The Jito Foundation has acquired SolanaFloor, a media outlet focused on the Solana ecosystem.
SolanaFloor announced the deal and said it will resume operations on March 10, just over two weeks after signaling a shutdown.
The foundation emphasized that SolanaFloor’s editorial independence will remain intact under Jito Foundation stewardship.

Jito Foundation described its motivation as supporting SolanaFloor’s health and the broader ecosystem by investing in infrastructure and public goods that keep the community informed.
Brian Smith, president of the foundation, underscored that it has a long-term stake in Solana’s health and that independence and editorial standards will stay in place.
The acquisition marks an important moment for crypto media amid months of newsroom shutterings across the sector.
It signals ongoing investment in specialized outlets while reinforcing the balance between support and editorial independence that underpins credible crypto journalism.