Figment Raises $110M Series C Funding

Figment, the leading independent provider of staking infrastructure, has announced it has raised $110.0 million in new investment capital.

This significant funding round underscores the increasing institutional interest in the digital asset ecosystem and highlights the critical role Figment plays in providing essential services to this burgeoning market.

Figment offers a comprehensive staking solution tailored for over 1000 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders.

With an impressive $17 billion in assets under stake, the company enables these clients to securely earn rewards on their digital assets.

Figment is notably recognized as the largest non-custodial staking provider for staked Ethereum (ETH) and Solana (SOL).

Its institutional staking services encompass seamless point-and-click staking, detailed portfolio reward tracking, robust API integrations, audited infrastructure, and crucial slashing protection, all designed to meet the stringent demands of its client base.

The newly secured capital will be strategically deployed to accelerate Figment's ambitious growth initiatives and further enhance its cutting-edge technology platform.

The company plans to expand its operational capabilities, invest in research and development, and continue refining its comprehensive suite of institutional staking services.

This investment is crucial for ensuring Figment remains at the forefront of the rapidly evolving digital asset landscape and can effectively meet the escalating global demand for secure and reliable staking solutions.

This substantial funding round positions Figment to strengthen its market leadership and continue its strategic expansion within the digital asset space.

The company remains steadfast in its commitment to supporting the adoption, growth, and long-term success of the broader digital asset ecosystem through its robust infrastructure and client-focused services, driving forward the utility and accessibility of digital assets.