Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s thriving blockchain innovation hub with a focus on delivering staking services for Swiss institutions.
The firm writes that it is recognised globally as a top non-custodial staking provider for Ethereum, and that its emphasis on Switzerland aligns with the nation’s adoption of digital assets and commitment to advancing financial innovation.
The firm writes that this commitment builds on Figment’s establishment of Figment Europe Ltd, its UK-based entity, showcasing the company’s dedication to cater to the diverse needs of institutional clients across key European markets.
Figment writes that, with Switzerland being the home of the two largest Proof-of-Stake protocols, Ethereum and Solana, and its recognition as the epicenter of crypto innovation in the Crypto Valley, it is set to form strategic partnerships and actively contribute to the local blockchain community.
Figment specialises in providing staking services for a diverse range of leading Proof-of-Stake networks, leveraging its engineering and protocol expertise to enhance clients’ opportunities for earning staking rewards. Since 2018, Figment writes that it has responsibly staked over CHF10 billion across more than 30 established and emerging networks including Ethereum, Solana, Polygon, Polkadot, Celestia, and Sui.
Figment writes that, in collaboration with a major partner in the Swiss region, it will unveil another significant milestone in the coming weeks.
Eva Lawrence, Head of Figment Europe and Co-Lead of Crypto Valley Association’s Institutional Working Group, says: “Our expansion into Switzerland signifies a deepening commitment to the European institutional crypto ecosystem. We look forward to continuing to foster collaborations and contributing to the vibrant blockchain landscape in the region.”
Josh Deems, Institutional Business Development Lead for Figment, says: “This move sets the stage for Figment to bring Swiss institutional investors a tailored staking experience that aligns with the needs of the modern crypto investor. To date, we have begun establishing partnerships with Swiss firms, including investors in our company along with large staking customers. This next phase is a major step as we aim to scale our presence in the region.”