Fordefi Partners with Figment to Offer Institutional Clients Ethereum Staking Rewards
Read Time 3 mins |
Written by: Crest Saechao
Trading Firms, Funds, and Treasuries Can Now Earn Rewards by Staking Their ETH on Fordefi’s Platform Powered by Figment
We’re pleased to announce our partnership with Figment, a leading provider of staking infrastructure. Figment provides a comprehensive solution for over 200 institutional clients. Fordefi clients will be able to stake their ETH with Figment’s validator services and accrue rewards. With out-of-the-box support, Fordefi clients will be able to leverage our browser extension when transacting and access the highest level of protection via MPC key management and granular policy controls. Fordefi clients will retain custody of their staked ETH as Figment provides a non-custodial staking service. With the upcoming Shanghai and Capella upgrades, clients will soon be able to withdraw their staked ETH and rewards.
“We are excited to provide Fordefi’s clients with access to Figment’s institutional staking service including rock-solid infrastructure, rewards reporting, robust risk coverage, seamless staking integration, and expansive protocol support. We’re excited to work together in supporting the growth and adoption of the web3 ecosystem. said Mike Baer, Senior Account Executive at Figment
Stake ETH and earn MEV-boosted rewards
Retain custody over your staked ETH (Non-custodial)
Securely sign and approve transactions with MPC
“The collaboration between Fordefi and Figment enables our clients to earn rewards on their Ethereum, an effective way to manage a portion of their portfolio that’s not being actively traded.” said Michael Poluy, Director of Product at Fordefi.
We’re excited to continue partnering with Figment on future content pieces, including a soon to be released how to guide on staking on Fordefi’s platform. For those interested in learning more about how to stake on Fordefi’s platform, please reach out to our sales team at email@example.com a demo today!
Figment is the world’s leading provider of staking infrastructure. Figment provides the most comprehensive staking solution for our over 200 institutional clients, including exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their crypto assets. These clients rely on Figment’s institutional staking service, including rewards optimization, rapid API development, rewards reporting, partner integrations, and slashing protection. Figment is backed by industry experts, financial institutions, and our global team across twenty-three countries. This all leads to our mission to support the adoption, growth, and long-term success of the Web3 ecosystem. To learn more about Figment, please visit our website at figment.io.
Fordefi’s MPC wallet platform and web3 gateway enables institutions to seamlessly connect to dApps across networks, while keeping digital assets secure. Fordefi is the first institutional wallet and security platform purpose-built for DeFi. Fordefi was founded in 2021 by crypto custody and cybersecurity experts, and designed in close collaboration with crypto industry-leading trading firms, funds and custodians. Fordefi’s mission is to enable institutions to securely hold digital assets and safely transact in decentralized finance.
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