Ripple has selected Figment to support and scale its staking strategy. Under this partnership, Ripple leverages Figment’s institutional-grade staking solutions, enabling regulated institutions to access enterprise-grade staking for leading Proof-of-Stake networks like Ethereum and Solana.
Unlocking Staking for Regulated Institutions
This partnership is designed for regulated institutions—such as banks—seeking to participate in staking while meeting the highest operational and compliance standards. With Ripple Custody providing the secure connectivity to access Figment’s battle-tested staking infrastructure, institutional clients can now:
- Offer staking to their end-customers without building in-house infrastructure
- Integrate staking into custody workflows with minimal operational lift
- Meet strict compliance requirements, backed by Ripple’s and Figment’s regulatory focus
- Expand product offerings which operationalizes custody in a secure way
Why Ripple Chose to Work With Figment
Ripple selected Figment for its proven track record serving more than 1,000 institutional clients, its non-custodial architecture, and its focus on regulated market participants. With deep experience operating validators across leading networks, Figment delivers the reliability, performance, and transparency required to support staking at institutional scale. Figment’s advanced reporting and operational rigor provide the visibility and confidence institutions need when incorporating staking into their digital asset strategies.
“Ripple Custody’s partnership with Figment brings secure, institutional staking to the largest banks and enterprises,” said Ben Spiegelman, VP – Head of Partnerships & Corporate Development at Figment. “By combining Ripple’s enterprise‑grade custody technology with Figment’s secure, non‑custodial staking platform, we’re giving regulated institutions a way to offer staking rewards to their customers on several blockchain networks.”
“The institutional appetite for staking has evolved; it is no longer just about yield, but about integrating rewards into a holistic digital asset strategy,” said Nicolas Tissier de Mallerais, Lead Product Custody at Ripple. “By partnering with Figment, we are reinforcing Ripple Custody’s position as a mission-critical foundation, allowing our clients to maximize asset utility within the same rigorous security and compliance parameters they’ve come to expect from us”
This partnership marks an important milestone for Figment as it continues to collaborate with leading infrastructure providers across the digital asset ecosystem. Together, Ripple and Figment deliver an end-to-end staking solution for institutions that require security, compliance, and operational efficiency.