Jito to Launch JTX Trading App in July, Targeting the Consumer Market

BlockBeats News, May 5th, the Solana ecosystem staking protocol Jito Labs plans to launch a consumer-oriented crypto trading app JTX in July this year, officially transitioning from the infrastructure layer to the frontend transaction business.

Early JTX will support Solana-based spot trading, and will later integrate perpetual contracts and prediction market functionality, with the perpetual products potentially accessed through the Solana ecosystem trading platform Phoenix.

Founded in 2021, Jito currently has about 39 employees and holds over $1 billion in cash. The company showed strong performance in 2025, once achieving nearly $6 million in 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 content with merely providing underlying infrastructure but aims to directly reach users through self-developed applications to enhance the on-chain transaction experience.