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Figment

Can a staking infrastructure provider become the institutional-grade financial layer for Proof-of-Stake yield across the entire crypto asset management stack?

HQToronto, Canada
IndustryFintech / Crypto
The story

Figment is an institutional staking infrastructure provider headquartered in Toronto, operating as a professional validator and staking-as-a-service platform across major Proof-of-Stake networks including Ethereum, Solana, Polkadot, Cosmos, and others. The company has evolved from node operations into a full API-first staking platform, offering developer tools (Staking API, Elements UI), rewards reporting, and white-label staking integrations for custodians, exchanges, and asset managers. In 2025, Figment expanded into structured yield products for institutions, partnering with OpenTrade and Crypto.com to combine staking with derivatives for stablecoin-denominated returns.

Last 12 months
2025-11
Product timeline
2023
Launched on-chain billing model for ETH staking using non-custodial smart contracts for automated fee splitting.· pivot
2023
Released Figment Staking API and Elements UI component library for embeddable staking across multiple PoS protocols.· banking
2025
Partnered with OpenTrade and Crypto.com to launch a 15% stablecoin yield product for institutional investors using SOL staking and perpetual futures.· banking
The stack
Crypto
Bastion
Accounting gap: none