Figment | LinkedIn (original) (raw)

Computer and Network Security

Toronto, Ontario 10,036 followers

Figment is the leading provider of blockchain infrastructure.

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About us

Figment is the leading provider of blockchain infrastructure. We provide the most comprehensive staking solution for over 500 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets. On Ethereum, we are the largest non-custodial staking provider with nearly 5% of staked ETH on Figment validators. Figment’s institutional staking service offers seamless point-and-click staking dashboard, portfolio reward tracking, API integrations, audited infrastructure, and slashing protection. This all leads to our mission to support the adoption, growth, and long-term success of the digital asset ecosystem. To learn more about Figment, please visit our website at figment.io

Industry

Computer and Network Security

Company size

201-500 employees

Headquarters

Toronto, Ontario

Type

Privately Held

Founded

2018

Specialties

staking, proof of stake, cryptocurrency, security, regulatory complianice, software development, network services, cloud services, data center services, and hosting

Locations

Employees at Figment

Updates

Figment reposted this

Making the crypto regulatory landscape easier to understand. 🟨
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New administrations often issue executive orders to set policy direction. Reports suggest the Trump Administration is considering several potential orders. 👇 Similar to Biden’s Executive Order on Ensuring Responsible Development of Digital Assets, the Trump Administration should consider issuing an Executive Order regarding digital assets and blockchain technology promptly after the inauguration. Some practical things that the EO should include are: 1️⃣ Address the fact that the US should be a world leader in digital assets and blockchain technology but that the US is ceding authority to other countries as companies move offshore. 2️⃣ State that the policy of the US should be to promote the use of digital assets and blockchain technology in the public and private sectors and ensure US businesses can compete fairly and effectively in this industry 3️⃣ Direct all federal agencies to review regulations, orders, guidance, investigations, and litigation involving digital assets and blockchain technology to ensure they are consistent with the policy objectives. 4️⃣ Direct the SEC and CFTC to undertake a comprehensive study, with public input, and issue a public report addressing how federal securities and commodities laws apply or do not apply to digital assets and market participants and the limits of the jurisdiction of those agencies. 5️⃣ Direct the SEC and CFTC to consider and implement appropriate safe harbor rules and exemption rules to promote the development of digital asset technology. 6️⃣ Direct the IRS, OFAC, and FinCEN to review, clarify, or as appropriate revoke guidance and regulations regarding digital asset technology that those respective agencies have issued. 7️⃣ Direct the formation of a digital assets working group comprised of all relevant agencies to prepare reports, with public input, and ways to harmonize and clarify existing US laws and recommend new legislation designed to promote the use of digital asset technology. The transition period offers a unique opportunity to reset US digital asset policy. A well-crafted EO could provide immediate clarity while setting the foundation for long-term innovation. To ensure lasting impact, the order should establish a cross-agency digital assets working group tasked with harmonizing federal policy and recommending legislative updates to promote blockchain adoption. The critical moment to address digital asset policy is now.
Figment Vaults simplify Ethereum staking for institutions, offering flexibility, security, and fast deployment. 👀 By removing the 32 ETH barrier, institutions can stake any amount while maintaining segregated wallet accounting. 🔑 Key benefits include: 👉 Sub-32 ETH Staking: Offer scalable solutions for a broader user base. 👉 Quick Setup: Use the Figment app’s wizard tool for easy deployment. 👉 Segregated Accounting: Ensure privacy with separate asset and reward tracking. 👉 Custom Solutions: Control MEV relays and validator locations. 👉 Risk-Adjusted Rewards: Minimize slashing risks and maximize rewards. 🔗 Discover how Figment Vaults can enhance your institutional staking experience. https://lnkd.in/e_5_AgSb
Figment reposted this
🚨 Tomorrow’s the big day! 🚨 Join us at 4pm UK time tomorrow on November 13 for C-Enable’s "Women in Crypto for Boards" online event - "Breaking Barriers: Unlocking Potential" - a powerful gathering focused on advancing women into leadership roles in the crypto industry! 🎉 This event is packed with opportunities to learn, connect, and get inspired. With sessions featuring top industry experts like Alexandra Overgaag, CEO of Thrilld Labs, Eva Lawrence, Head of EMEA at Figment, Jason Tucker-Feltham, Head of Sales at Zumo, Vanessa Gilardi, Global Head of People at MoonPay, and others, you’ll gain insider insights on positioning yourself for board roles, building a compelling leadership profile, and creating lasting impact in this dynamic field. Expect inspiring keynotes, interactive panels, and invaluable networking opportunities with women and allies committed to making crypto more inclusive. Whether you're a seasoned professional or just starting out, this event will equip you with actionable strategies for career growth and leadership in the digital asset space. 👉 Don’t miss out on this game-changing event—register now, and join us in driving diversity and innovation in crypto
🇺🇸 The Figment team will be at the Future of Digital Assets in NYC! 🎤 Join our VP, Head of Partnerships & Corporate Development, Ben Spiegelman, on the “Innovations in Staking, Mining, Custody, and Beyond” panel. 🗓️ Tuesday, Nov. 19 ⏰ 1:20 PM EST Speakers: - Paul Giordano, MARA- Kevin Maloney, iTrustCapital- Moderator: Camila Russo, The DefiantExcited to discuss staking, sustainable mining, and compliant custody solutions. Looking forward to connecting—hope to see you there!
💡 Ethereum staking goes beyond validator setup and earning rewards. ☝️ Here’s why understanding the mechanics matters for ETH stakers. 1️⃣ Optimize Rewards: Knowing how attesting, proposing, and sync committee participation affect rewards can make a real difference in your rewards. 2️⃣ Manage Risk: Rewards can fluctuate, especially with Execution Layer elements like MEV. Understanding these variables helps you capture rewards while minimizing penalties. 3️⃣ Strengthen the Network: Every action a validator takes supports Ethereum’s security and efficiency. Informed stakers contribute to a stronger ecosystem, benefitting everyone involved. 🔗 Learn more about the mechanics of staking rewards and see how informed staking makes all the difference here. https://lnkd.in/es3igvSQ
In case you missed it, here is our Ledger by Figment Solana validator report for Q3 of 2024. 🚀 Here’s a quick look: ✅ 7.14% Staking Rewards Rate – A top performer with risk-adjusted rewards. ✅ 98.4 % Proposer effectiveness ✅ 99.5% Voting Effectiveness Bonus: ✅ SOC II Compliance Furthermore, Figment SOL stakers can stake with confidence, knowing we're SOC II compliant—reinforcing our commitment to data protection, enhanced security, and customer trust. These are a few reasons why more than 500 institutions rely on Figment for their staking. 🔗 Learn more about our validator report here. https://lnkd.in/eBkK9-bR
Ethereum’s higher blob count per block suggests two key things: ✅ Increased blob usage often leads to more transaction fees, which could mean better rewards for stakers. ✅ This growth shows that Ethereum's upgrades are helping it handle more activity smoothly, reassuring stakers of network strength and reliability. Overall, it’s a positive sign for Figment ETH stakers.
Ethereum’s Pectra Upgrade will be including EIP 7251: ‘Max Effective Balance.’ Here's how it will affect validators. 👇 ✅ Increases 'max effective balance' from 32 ETH to 2,048 ETH ✅ Reduces initial slashing penalties from 1/32 to 1/4096 of a validator’s balance ✅ Allows active validator consolidation at the staker's discretion With this change, rewards compound below 2,048 ETH for proportional increases. However, partial withdrawals won’t auto-process for balances under 2,048 ETH. With this in mind, Figment ETH stakers can stake confidently, knowing: 1️⃣ They can benefit from potential rewards of the Pectra Upgrade 2️⃣ Figment has never been slashed on Ethereum 3️⃣ Figment maintains SOC II compliance, plus uses fully compliant relays 🔗 Learn more about Ethereum's EIP 7251 and along with other Pectra EIPs here. https://lnkd.in/e8cxaG-P
🇺🇸 We’re heading to the North American Blockchain Summit by the Texas Blockchain Council. 🎙️ Figment Chief Regulatory and Strategy Officer, Jennie Levin, will speak on the Crypto for Institutional Investors: The Outlook for 2025 panel. She will join Bitwise Asset Management, Coinbase Institutional, and Multicoin Capital to discuss the regulatory landscape of digital assets, infrastructure for institutional scale, and more. 🗓️ Date: Thursday, Nov. 21 ⏰ Time: 11 AM 👉 Send Jennie or Figment a message if you would like to connect more on institutional staking.
Ready to stake Berachain’s BGT? 🐻⛓️ Our step-by-step guide walks you through the staking process on Berachain’s testnet and shows you how to delegate BGT (Bera Governance Token) directly through their native interface. Explore the $BGT staking process here. 🔗 https://lnkd.in/e87MNzjA

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Figment | LinkedIn (original) (raw)

Computer and Network Security

Toronto, Ontario 10,036 followers

Figment is the leading provider of blockchain infrastructure.

About us

Locations

Employees at Figment

Updates

Join now to see what you are missing

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