Figment acquires staking data firm Rated Labs
Quick Take Figment currently manages around $15 billion in staked assets across 30-odd proof-of-stake networks for about 700 clients. The acquired firm, analytics provider Rated Labs, will boost Figment’s institutional staking data offerings.
Blockchain infrastructure firm Figment has acquired analytics firm Rated Labs to bolster its institutional staking data offerings. The deal represents Figment's first acquisition as part of a previously announced strategy to invest up to $200 million in crypto startups.
Rated is particularly known for its Ethereum and Solana validator performance data, according to CoinDesk , which first reported news of the deal. Terms of the deal were undisclosed.
Figment helps institutions earn staking rewards, and currently manages around $15 billion in staked assets across 30-odd proof-of-stake networks. It has approximately 700 customers.
Earlier this year, Figment partnered with Taurus SA, a Deutsche Bank-backed crypto management platform, to improve staking compliance and security practices for banking clients.
Figment has received backing totaling $165 million to date from some of the most established TradFi firms, including Thoma Bravo, Morgan Stanley, and Franklin Templeton.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP News Today: Regulatory Changes and Trading Developments Drive XRP's Unpredictable Rise
- U.S.-China trade talks in Kuala Lumpur progress toward a potential Trump-Xi summit, per USTR Greer. - Ripple strengthens crypto position via acquisitions and White House donor ties, elevating XRP's strategic role. - Trump appoints crypto-savvy Mike Selig as CFTC chair, signaling regulatory clarity and pro-crypto policy shifts. - XRP rises to $2.55 amid bullish factors but faces uncertainty from regulatory risks and macroeconomic pressures.
KR1 Ignites Crypto’s Launch on LSE Main Market
- KR1 PLC plans to uplist shares to LSE main market to boost visibility and attract investors. - The move aligns with UK's evolving crypto-friendly regulations and growing institutional interest in digital assets. - As the first "authentic digital asset company" on LSE, KR1 focuses on staking operations and blockchain investments. - FCA approval and shareholder consent are required, reflecting regulatory scrutiny in the sector. - UK regulators are easing stablecoin rules and planning a 2026 digital asset f
UK's supportive crypto regulations lead to the inaugural digital asset listing on the LSE
- UK crypto firm KR1 plans to uplist to LSE to boost visibility and attract institutional investors. - UK regulators are revamping crypto rules, including 2026 stablecoin frameworks and relaxed stablecoin caps. - The move positions KR1 as LSE's first "authentic digital asset company," distinct from crypto-holding firms. - UK's crypto-friendly approach contrasts with the US's enforcement model, aiming to solidify its global digital asset leadership.
Football.Fun's Rugby Bet: Blockchain and DeFi Transform the Landscape of Sports Forecasting
- Football.Fun, a blockchain-based prediction app, will launch a rugby betting platform in November, followed by its native utility token FUN. - The FUN token mirrors Hyperliquid's model, enabling buybacks and yield generation to incentivize long-term user participation. - Built on Coinbase's Base chain, the platform emphasizes scalability and transparency to compete with traditional bookmakers in niche sports markets. - Success hinges on attracting users in rugby-strong regions like the UK, Australia, and
Trending news
MoreCrypto prices
More
