Figment
Founded Year
2018Stage
Secondary Market | AliveTotal Raised
$163.84MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+47 points in the past 30 days
About Figment
Figment focuses on digital asset staking within the cryptocurrency industry. The company offers staking solutions for institutional clients, enabling them to earn rewards on their digital assets through services including a staking dashboard, portfolio reward tracking, API integrations, and slashing protection. Figment serves sectors such as asset management, exchanges, wallets, foundations, custodians, and large token holders. Figment was formerly known as Figment Network. It was founded in 2018 and is based in Toronto, Canada.
Loading...
ESPs containing Figment
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The institutional staking market provides enterprise-grade staking infrastructure and services to institutional investors, investment funds, exchanges, and crypto platforms seeking to earn yield on their digital assets. Companies in this market offer non-custodial and custodial staking solutions with institutional-grade security, compliance frameworks, multi-asset support, and specialized reportin…
Figment named as Outperformer among 15 other companies, including BitGo, Fireblocks, and Blockdaemon.
Figment's Products & Differentiators
Staking
Our staking, middleware, and application level solutions are relied on by more than 100 institutional investors and thousands of developers and blockchain start-ups who are investing in and building on Web 3 technology. Figment’s enterprise-grade and geographically distributed staking & node infrastructure is the access point for institutional (VC funds, custodians and exchanges) token holders who wish to earn “yield” by participating in blockchain consensus (via staking) and vote on network upgrades and proposals via onchain governance. As of December 2021, Figment’s infrastructure stack manages approximately $4.5B USD in staked assets across 50+ blockchain protocols.
Loading...
Research containing Figment
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Figment in 1 CB Insights research brief, most recently on Mar 27, 2023.
Expert Collections containing Figment
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Figment is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,309 items
Regtech
1,453 items
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
Blockchain
12,868 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Blockchain 50
50 items
Figment Patents
Figment has filed 2 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/1/2015 | 6/6/2017 | Virtual reality, Mixed reality, Operating roller coasters, Augmented reality, Virtual reality headsets | Grant |
Application Date | 10/1/2015 |
|---|---|
Grant Date | 6/6/2017 |
Title | |
Related Topics | Virtual reality, Mixed reality, Operating roller coasters, Augmented reality, Virtual reality headsets |
Status | Grant |
Latest Figment News
Nov 14, 2025
CONCRETE AND FIGMENT PARTNER TO EXPAND INSTITUTIONAL ACCESS ACROSS BTC, XRP Blueprint Finance, the core developer of the institutional DeFi protocol Concrete, announced a strategic partnership with Figment, the leading independent provider of staking infrastructure. The partnership will expand access to deliver Concrete yield solutions to Figment customers at scale. This partnership will allow assets such as XRP, BTC to be used in a more productive fashion. “Staking shouldn’t be the endpoint of institutional participation; it should be the starting point,” said Nic Roberts-Huntley, CEO of Blueprint Finance. “By offering Concrete’s vault architecture to Figment institutional customers, we’re turning passive staking positions into actively managed, yield-producing capital, all without compromising custody or security.” Figment, which secures over $18 billion in assets under stake, provides SOC 2-compliant and insured1 validator infrastructure. Concrete complements this with its automated strategy layer, allocating capital across risk-managed DeFi and restaking strategies. The integrated model offers new capabilities for institutional clients: XRP holders can delegate, restake, and deploy capital across ecosystems without moving assets from custody. BTC holders can access yield strategies without relying on bridges or rehypothecation. “We’ve seen demand among institutional stakers to earn on assets that are not natively stakeable,” said Danny Gattas, Protocol Business Development Lead, at Figment. “By collaborating with Concrete, we can now enable earning additional rewards while remaining within institutional-grade infrastructure and compliance frameworks.”
Figment Frequently Asked Questions (FAQ)
When was Figment founded?
Figment was founded in 2018.
Where is Figment's headquarters?
Figment's headquarters is located at 545 King Street West, Toronto.
What is Figment's latest funding round?
Figment's latest funding round is Secondary Market.
How much did Figment raise?
Figment raised a total of $163.84M.
Who are the investors of Figment?
Investors of Figment include Crypto 1, Anchorage Digital, Declaration Partners, Liberty City Ventures, Two Sigma Ventures and 44 more.
Who are Figment's competitors?
Competitors of Figment include Solana, QuickNode, Cardano Foundation, Blockdaemon, Staked and 7 more.
What products does Figment offer?
Figment's products include Staking.
Loading...
Compare Figment to Competitors
Blockdaemon provides blockchain infrastructure and technology solutions for the financial services sector. The company offers products including digital asset management through multi-party computation wallets and vaults, blockchain nodes, APIs, and staking services. Blockdaemon's offerings are aimed at exchanges, custodians, crypto platforms, financial institutions, and developers. Blockdaemon was formerly known as Trak. It was founded in 2017 and is based in Los Angeles, California.
Alchemy focuses on website development. It offers a platform that provides application programming interfaces, software development kits, and tools to build and scale applications, enabling faster transactions and real-time data for custom events. It primarily serves the blockchain and decentralized application (dApp) sectors. It was founded in 2017 and is based in San Francisco, California.
Edgevana provides blockchain infrastructure and ecosystem services within the cryptocurrency and decentralized web sectors. The company enables the operation of white-label validators, provides staking services, and supports the management of these validators with an emphasis on performance and community interaction. Edgevana serves cryptocurrency operators, non-fungible token (NFT) providers, and enterprises adopting decentralized ledger technologies. It was founded in 2019 and is based in Las Vegas, Nevada.
Spyce5 operates in the blockchain technology sector, focusing on creating a decentralized network that connects hybrid chains. The company's main offering is the HAVN ecosystem, which allows for the interoperability of hybrid chains and is powered by the HAVN token, serving as fuel for running these chains. Additionally, Spyce5 provides a self-service launchpad for easy deployment of hybrid chains, advanced Web3 APIs, and access to a decentralized pool of validators for enhanced performance and scalability. It was founded in 2022 and is based in Berlin, Germany.
Blocknative specializes in real-time observability for public blockchain networks, focusing on the cryptocurrency and blockchain industry. The company provides tools for mempool data analysis, transaction simulation, and gas estimation to facilitate transaction execution on blockchain networks. Blocknative's solutions cater to various sectors, including wallets, traders, decentralized applications (Dapps), and researchers seeking comprehensive data and transaction management capabilities. Blocknative was formerly known as Digital Collectibles. It was founded in 2018 and is based in San Francisco, California.
GenesysGo specializes in decentralized storage solutions for the Web3 ecosystem. Their main product, ShdwDrive, offers secure and scalable object storage with features such as file encryption, erasure coding, and both mutable and immutable data options, catering to a variety of use cases including web hosting, archival, social media, and personal storage needs. It is based in Irving, Texas.
Loading...