Figment is pleased to announce that we have engaged Coinbase Custody to provide a token storage solution to our customers. Now, CELO and SOL token holders can take advantage of our enterprise-grade staking and node infrastructure, while safely and seamlessly securing their tokens in a compliant way.
Coinbase Custody offers an institutional-grade offline storage solution that is backed by a comprehensive set of insurance policies, which creates a safe and secure way for our customers to earn rewards and interact with the Celo and Solana networks.
Our mission is to create an Internet that is truly decentralized, where users can freely interact, share, collaborate, and exchange goods and services in a trustless environment. Our staking, middleware, and application layer solutions make it easy for token holders and developers investing in and building on Web 3 technologies. Using Coinbase Custody’s institutional-grade offline storage solution allows us to offer a way for CELO and SOL token holders to continue earning rewards and participating in network governance, while keeping their tokens secure.
Working with Coinbase Custody enables you to:
Coinbase Custody customers can earn CELO and SOL rewards by staking with Figment.
“We can offer our clients a regulated and institutional-grade storage solution on leading PoS protocols by working with Coinbase Custody. There is a reason Coinbase is a household name, and we are excited to partner on Celo and Solana.”
Andrés Solanot, Head of Business Development at Figment
“Working with Figment allows us to offer our clients a crypto-native solution to securely earn rewards and voice their opinion on protocol changes via governance."
Team at Coinbase Custody
Token holders, venture capital firms, fiduciaries, and foundations can custody with Coinbase Custody, and stake with Figment on any blockchain protocol we both support.
About Coinbase Custody
Launched in 2018, Coinbase Custody offers its clients access to the same secure, institutional-grade offline storage solution that has been used by Coinbase’s exchange businesses since 2012. Coinbase Custody is regulated by the New York State Department of Financial Services and is an independent entity built on Coinbase’s crypto-first DNA. All customer digital assets are segregated, held in trust for the benefit of our clients, and protected by an industry-leading insurance program. Coinbase Custody currently offers support for more than 90 digital assets. For more information, visit https://custody.coinbase.com.
Figment: Blockchain Simplified
At Figment, our mission is to build a better Internet where individuals are in complete control of how they interact and exchange value online. Our fully managed staking infrastructure and Prime Dashboard make it simple for institutions and individuals to generate returns, participate in blockchain governance, and stay up to date on ecosystem developments while maintaining full ownership and control of their digital assets.
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