Figment

About

Figment is a blockchain infrastructure and crypto staking provider that helps institutions earn rewards from digital assets through secure, scalable Proof-of-Stake (PoS) staking solutions. It was built to make crypto staking easier for institutions. Figment supports more than 40 blockchain networks, including Ethereum, Solana, Cosmos, Polkadot, and Avalanche. It is known as one of the largest independent non-custodial staking providers. The platform also offers infrastructure, APIs, and analytics tools used by asset managers, exchanges, wallets, custodians, and other crypto-focused teams. Key Features of Figment: • Users maintain total control of their funds through non-custodial staking, and the tokens remain on-chain while earning rewards. • Offers staking APIs and analytics tools for easy integration with exchanges, wallets, and fintech platforms. • Supports staking on Ethereum, Solana, Cosmos, Polkadot, Avalanche, and 40+ PoS networks for portfolio diversification. • Real-time dashboards help track rewards, validator performance, and overall portfolio data. Figment Milestones: Year Key Achievements 2018 The company was founded in Toronto by Lorien Gabel, Andrew Cronk, Matt Harrop, and Ryan Funduk. The early focus was on building validator nodes. 2019 Support expanded to early PoS networks like Cosmos and Tezos. The team also launched “DataHub” to give developers easier access to blockchain data. 2020 Operations scaled during the rise of “DeFi Summer” as demand for institutional-grade infrastructure increased. The network grew to more than 30 supported protocols. 2022 The focus shifted strongly to Ethereum’s transition to PoS, known as The Merge. Partnerships were formed with custodians like Bitbuy and WonderFi. 2023 The company launched Staking Rewards Indexes with MarketVector. It also partnered with Nexus Mutual for slashing insurance. 2025 Recognized by CNBC as a top global fintech. Major partnerships were secured with Grayscale (for ETH ETPs) and Coinbase Prime.

Funding

• Series CThoma Bravo11,00,00,00020 Dec 2021
• Series BLiberty City Ventures5,00,00,00002 Mar 2021

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