Figment
Founded Year
2018Stage
Series C | AliveTotal Raised
$163.84MValuation
$0000Last Raised
$110M | 2 yrs agoAbout Figment
Figment provides a decentralized staking platform for proof-of-stake (PoS) blockchains. The company allows users to stake their tokens on PoS blockchains and earn rewards. It was founded in 2018 and is based in Toronto, Canada.
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Figment's Product Videos
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 infrastructure and services to institutional investors, crypto platforms, and investment funds looking to earn yield on their digital assets through staking. Staking involves holding and locking up cryptocurrencies to support the network and validate transactions, earning rewards in return. The market offers solutions for managing and securing digital asse…
Figment named as Challenger among 15 other companies, including Fireblocks, BitGo, and Ledger.
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.
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Research containing Figment
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Figment in 4 CB Insights research briefs, most recently on Mar 27, 2023.
Oct 15, 2022
What is institutional staking?
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
1,228 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
10,774 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
Oct 14, 2023
Author: Mustafa Mulla Author Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Oct 14, 2023 20:20 FTX bankruptcy trustee FTX Estate has staked 5.5 million SOL through Figment, valued at $121 million, with an APY of 6.99%. FTX Group now holds more than 55.86 million SOL, worth $1.23 billion, of which over 42.16 million SOL is owned by Alameda and is locked. This move underscores the increasing interest in Solana’s network, which has been gaining traction due to its lower gas fees and fast transaction speed. Cp-Organization Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World.
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 Series C.
How much did Figment raise?
Figment raised a total of $163.84M.
Who are the investors of Figment?
Investors of Figment include Declaration Partners, Liberty City Ventures, Anchorage Digital, Standard Investments, Wicklow Capital and 40 more.
Who are Figment's competitors?
Competitors of Figment include QuickNode, Blockdaemon, Solana, Staked, Bison Trails and 7 more.
What products does Figment offer?
Figment's products include Staking.
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Compare Figment to Competitors
Blockdaemon operates as an independent blockchain infrastructure platform connecting institutions and developers. The company facilitates blockchain deployment. It commodifies private blockchain setups so that enterprises can focus on developing large-scale distributed systems. The company was formerly known as Trak. It was founded in 2017 and is based in Los Angeles, California.
Alchemy operates as a web three development platform. It offers webhooks, custom webhooks, websockets, transfers application programming interface (API), token API, transact, and more. It caters to the information technology industries in blockchain, wallet, data analytics, and decentralized autonomous organizations (DAO). It was founded in 2017 and is based in San Francisco, California.
Edgevana develops blockchain infrastructure and ecosystem services in the Web3 space. Its software platform and global presence provide the agility, scale, distribution, and economics that appeal to Web3 and Edge deployments. The firm serves cryptocurrency operators, NFT providers, and enterprises adopting decentralized ledger technologies. It was founded in 2019 and is based in Las Vegas, Nevada.
Blocknative builds infrastructure to monitor and manage the transactions on public blockchain networks. It specializes in blockchain, polygon gas estimator, Ethereum gas estimator, meta mask, and mempool explorer. The company was formerly known as Digital Collectibles. It was founded in 2018 and is based in San Francisco, California.
Chia Network operates as a company focused on blockchain technology and smart transaction platforms. Its main offerings include a decentralized, efficient, and secure blockchain and smart transaction platform, which utilizes unused disk space instead of energy-intensive proofs of work. The company primarily serves sectors such as enterprises, government, and developers. It was founded in 2017 and is based in South San Francisco, California.
Spyce5 provides tools to access the benefits of blockchain infrastructure. It offers blockchain and Web3 infrastructure, data, and digital identity as a service. The company was founded in 2022 and is based in Berlin, Germany.
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