Jito Foundation Returning Operations to US, Cites GENIUS Act Impact

The Jito Foundation has announced its decision to return core operations to the US due to a shift in digital asset regulation by the federal government. Initially founded in 2021, the foundation had been operating out of the Cayman Islands since 2023.

Co-founder and CEO Lucas Bruder cited previous regulatory challenges under "Operation Chokepoint 2.0" that pushed American crypto founders offshore.
Changes at the SEC, including the departure of former head Gary Gensler and the implementation of the GENIUS Act in July 2025, influenced their decision to return.
A specific return date is not given, but a celebratory event is planned in Washington DC on January 8, 2026.
Jito's move aligns with other firms like Polygon Labs, Circle, Galaxy Digital, Coinbase, and Binance, which are reentering the US market after operating offshore.