Figment provides staking infrastructure and APIs for the blockchain and cryptocurrency space, serving more than 500 institutional clients such as asset managers, custodians, exchanges, foundations, token holders, and wallet providers. Its offerings include staking applications, validators (nodes that validate transactions), slashing coverage (protection against penalties), staking data, and liquid staking options, all designed to help clients earn staking rewards while maintaining liquidity. The company operates globally across 23 countries with a remote-first team and focuses on the Web3 ecosystem to support its adoption and growth. Clients access Figment’s services via robust infrastructure and APIs, paying fees as a percentage of earned staking rewards. The goal is to support the long-term success of Web3 by providing secure, dependable staking solutions and tooling for institutions, with tailored offerings for asset managers, exchanges, marketplaces, custodians, and wallets.
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Company Size
51-200
Company Stage
Series C
Total Funding
$165M
Headquarters
Toronto, Canada
Founded
2018
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BNY is partnering with blockchain infrastructure provider Figment to offer crypto staking to eligible institutional clients through its Digital Asset Custody platform, according to a Thursday announcement. Asset managers, exchange-traded fund issuers, corporations, and wealth management firms can stake supported assets held in BNY custody and earn rewards without moving them elsewhere. Ether will be the first supported asset, with Solana expected to follow. No launch date was disclosed. Figment will provide the validator infrastructure, while BNY handles custody and institutional servicing. Figment says it serves more than 1,500 institutions. Its partnership with Coinbase Prime had facilitated more than $2 billion in staked assets by October 2025.
BNY taps Figment to bring staking into its digital asset custody service. November 12, 2026 Crypto Briefing general Positive BNY, the world's largest custodian bank with over $50 trillion in assets under custody, has partnered with blockchain infrastructure provider Figment to integrate crypto staking directly into its institutional digital asset custody service. This landmark move marks one of the most significant steps yet in institutional crypto adoption, allowing BNY's enterprise clients to earn staking yields on proof-of-stake assets without moving holdings off the custody platform. Figment, a leading validator infrastructure provider, will supply the backend staking operations, enabling BNY to offer seamless, yield-generating custody in a single institutional-grade environment. The partnership directly addresses a growing demand among asset managers, hedge funds, and corporate treasuries seeking crypto staking rewards alongside secure custody, eliminating the operational friction of managing separate staking providers. This development is particularly timely as institutional interest in ETH staking and other proof-of-stake tokens accelerates following the approval of spot Ethereum ETFs and increased regulatory clarity in the United States. By bundling staking infrastructure with custody, BNY and Figment are setting a new benchmark for institutional crypto services and challenging competitors to follow suit. Investors and market observers should watch for BNY announcing supported assets - including ETH and SOL - as well as projected annualized staking yields and an official launch date for client onboarding. BNY's integration of staking into its custody service could redefine institutional crypto engagement, enhancing yield opportunities and operational efficiency. BNY taps Figment to bring staking into its digital asset custody service.
KODA partners with Figment to expand institutional staking in South Korea. Published October 8, 2026 KODA (Korea Digital Asset), South Korea's largest institutional digital asset custodian, has partnered with Figment to expand its staking infrastructure. The partnership gives Korean institutions a way to earn staking rewards on digital asset networks such as Ethereum (ETH) while their assets remain under KODA's regulated custody. Why this matters now. South Korea's digital asset market is growing rapidly. As regulatory changes bring banks, corporations, and asset managers into the market, these institutions need a way to participate that meets the compliance and security standards they already operate under. Backed by KB Kookmin Bank, Korea's largest financial institution, and Hashed, one of Asia's leading blockchain investment firms, KODA holds over 80% of the institutional digital asset custody market in Korea. It operates under bank-grade compliance standards, including ISMS certification, a VASP license, and Samil PwC SOC certification, and was the first Virtual Asset Service Provider certified as a Venture Business by the Ministry of SMEs and Startups. "Korean institutions want to earn staking rewards without compromising the custody and compliance standards they rely on. With Figment, our clients can now stake ETH while their assets remain in KODA's regulated custody." - Jinseok Cho, CEO, KODA What staking means for institutions. For an institution holding digital assets, staking is a way to earn rewards on an asset already on the balance sheet, without trading it or taking on new market exposure. The consideration for most institutions is not whether to stake, but how to do it without compromising custody or control. Through this partnership, clients can stake ETH held with KODA to Figment's validators. Assets stay within KODA's custody environment throughout. Clients maintain control of their assets and do not run validators themselves or manage keys and onchain reward accounting. Figment's role. Figment operates the largest non-custodial Ethereum staking infrastructures by market share and supports more than 30 networks. Figment provides the complete staking solution for over 1,500 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders. Figment operates under Full NORS Certification for Ethereum, SOC 2 Type II, and ISO 27001:2022, with slashing protection. For Korean institutions, that means staking rewards on ETH without adding custodial complexity, and reduces operational risk. "Our partnership with KODA provides Korea's institutions a way to earn staking rewards while preserving their trusted custody arrangement. We're proud KODA chose Figment, and as institutional demand grows in Korea, we're focused on delivering staking infrastructure that meets the standards this market expects." - Eva Lawrence, Head of Revenue, Figment Supporting growth in the Korean market. South Korea is one of the fastest-growing digital asset markets in the world, and Phase 2 regulatory changes are bringing a new class of institutional participants into it. By combining KODA's regulated custody with Figment's infrastructure, Korean institutions gain access to Ethereum staking on terms built for how they already operate. As the market matures, that foundation supports broader institutional participation and the continued growth of digital assets across the region. About Figment Figment is the leading provider of staking infrastructure. Figment provides the complete staking solution for over 1500 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets. The information herein is being provided to you for general informational purposes only. It is not intended to be, nor should it be relied upon as, legal, business, tax or investment advice. Figment undertakes no obligation to update the information herein.
Figment offers Managed Validator Services on Arc at mainnet launch. Published September 16, 2026 Figment, a genesis validator on Arc since testnet, will provide outsourced validator operations for institutions on Arc. Figment, the largest non-custodial provider of staking infrastructure, today announced it is offering Managed Validator Services to select institutions on Arc, the open, EVM-compatible Layer 1 blockchain built for institutional settlement, stablecoin payments, and tokenized real-world assets. Figment has operated on Arc since testnet, and its Managed Validator Services enable institutions on Arc to participate as a validator without standing up and operating their own infrastructure in-house. Figment was the first third-party validator to join Arc's testnet, in late March 2026, a role it detailed in its August 2026 overview, Arc: The Economic OS for Real-World Financial Activity. Its validator infrastructure meets Circle's eligibility, security, and compliance standards for the network's permissioned validator set. As more institutions look to secure a validator seat on Arc, Figment's Managed Validator Services streamlines and simplifies participation. "Arc was built for the activity institutions care about: settlement, stablecoin payments, and tokenization. Public mainnet launch is a huge milestone. Arc is just getting started, and we've been proud to help secure the network since testnet. We're now bringing that experience to institutions looking to join the validator set." - Josh Deems, Head of Revenue, Figment Working with Figment offers institutions an efficient path to participating in Arc's validator economics as they evolve from Proof-of-Authority fee rewards to Proof-of-Stake staking rewards without the time and investment required to launch and operate the infrastructure in-house. Disclaimers: Arc is an open L1 blockchain launched by Arc Network Services LLC ("Arc LLC") and operated by a permissioned validator set. Arc LLC provides software services only and does not offer regulated financial or advisory services. Arc has not been reviewed or approved by the New York State Department of Financial Services or any other regulatory authority. The Arc network is provided "as is" and "as available." Use of Arc involves inherent risks associated with blockchain technology, including smart contract vulnerabilities, network disruptions, and the absence of recourse for transaction errors or losses. The ability to transact on Arc depends on the ability to obtain and use USDC to pay gas fees. Neither Arc LLC nor any permissioned validator is responsible for the content, accuracy, legality, or functionality of third-party applications, protocols, or services built on or integrated with Arc. You are solely responsible for features or services you provide to users, including obtaining any necessary licenses or approvals and otherwise complying with applicable laws. All Arc features may be modified, delayed, or cancelled at any time without notice. Nothing herein constitutes a commitment, warranty, guarantee or legal, regulatory, tax, or investment advice. About Figment Figment is the leading provider of staking infrastructure. Figment provides the complete staking solution for over 1500 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets. The information herein is being provided to you for general informational purposes only. It is not intended to be, nor should it be relied upon as, legal, business, tax or investment advice. Figment undertakes no obligation to update the information herein.
How to earn ETH Staking rewards from Your MPC Wallet. * August 29, 2026 As institutional digital asset strategies mature, treasury teams are expected to generate value from idle assets while maintaining the governance and security standards their organizations depend on. Ethereum staking has emerged as a key strategy for improving capital efficiency, allowing institutions to earn rewards while continuing to maintain exposure to one of the industry's most important digital assets. This trend continues to accelerate. According to the Bitwise Staking Report, a record 40.2 million ETH, approximately 33% of Ethereum's circulating supply is now staked, with institutional participation continuing to drive adoption. As staking becomes an increasingly important part of institutional treasury management, organizations are looking for ways to generate yield without compromising the security, governance, and operational controls built into their wallet infrastructure. Liminal makes this possible. ETH Staking is now available to stake directly from MPC wallets, enabling institutions to earn staking rewards without changing their preferred wallet architecture. With the pre-defined governance, approval workflows, and security controls built into Liminal, organizations can now put their ETH to work while operating within the wallet infrastructure they already trust. The problem: MPC wallets and ETH Staking haven't always worked together. Over the last few years, MPC wallets have become the preferred wallet architecture for institutional digital asset operations, offering enhanced security, distributed approvals, and operational flexibility. However, staking capabilities didn't evolve at the same pace. Until now, institutions holding ETH in MPC wallets had three choices: * Move assets to an external staking provider, introducing additional operational risk and taking assets outside their governed wallet environment. * Migrate to a Multi-Sig wallet to access staking, requiring changes to their existing wallet architecture and operational workflows. * Leave ETH unstaked, missing the opportunity to generate rewards on idle treasury assets. As MPC adoption became the standard for institutional wallet infrastructure, this gap made it increasingly difficult for organizations to maximize the value of their ETH holdings without adding operational complexity. Liminal: introducing ETH Staking via MPC wallets. Liminal first introduced ETH staking for Multi-Sig wallets, giving institutions a secure and governed way to earn staking rewards. Now, Liminal is extending the same experience to MPC wallets, enabling organizations to generate yield without changing the wallet architecture they've already standardized on. Instead of moving assets to external staking platforms or migrating to a different wallet type, institutions can now stake ETH directly from their MPC wallets within Liminal. Every staking request continues to follow your organization's existing approval workflows and governance policies, allowing treasury teams to generate rewards while maintaining the operational controls they already trust. Whether you're managing treasury assets, supporting exchange operations, or securing institutional holdings, ETH Staking via MPC wallets brings staking closer to the way your business already operates. Key capabilities of ETH Staking via MPC Wallet. * Stake Directly from Your MPC Wallet: Start staking ETH without migrating to a Multi-Sig wallet or moving assets to an external platform. Your ETH remains within the wallet environment your organization already trusts. * Institutional-Grade Staking Infrastructure: Liminal integrates with Figment, enabling secure and reliable ETH staking through one of the industry's leading institutional staking providers. * Governed by Your Existing Approval Workflows: Every staking request follows the same approval policies and governance controls configured within Liminal, ensuring operational consistency across your organization. * Secure Throughout the Staking Lifecycle: Every staking action: from initial delegation to un-staking and reward claims, is protected by your team's existing approval quorums and firewall policies. Conclusion. As ETH continues to play a strategic role in institutional portfolios, staking has become a natural extension of treasury management. The right wallet infrastructure enables institutions to generate rewards while preserving the governance, security, and operational consistency that modern digital asset strategies demand. Frequently asked questions. What is ETH Staking via MPC wallets? ETH Staking via MPC wallet allows institutions to stake ETH directly from their MPC wallets through Liminal, enabling them to earn staking rewards without changing their wallet architecture or moving assets to an external platform. Do I need to migrate from an MPC wallet to a Multi-Sig wallet to stake ETH? Which staking provider powers ETH MPC Staking?
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Industries
Company Size
51-200
Company Stage
Series C
Total Funding
$165M
Headquarters
Toronto, Canada
Founded
2018
Find jobs on Simplify and start your career today
We update Figment's jobs every few hours, so check again soon!Browse all jobs