Figment is a technology company.
Figment has raised $165.0M across 4 funding rounds.
Key people at Figment.
Figment has raised $165.0M in total across 4 funding rounds.
Key people at Figment.
Figment has raised $165.0M in total across 4 funding rounds.
Figment's investors include Act One Ventures, American Express Ventures, B Capital Group, Blockchain Capital, Cedar Capital Group, Chemistry VC, Citi Ventures, Coinbase Ventures, Craft Ventures, King Goh, Matrix, Moving Capital.
Figment is a leading provider of staking infrastructure for Proof-of-Stake (PoS) blockchains, enabling over 1,000 institutional clients—including asset managers, exchanges, wallets, foundations, custodians, and large token holders—to earn rewards on digital assets like Ethereum (ETH) and Solana (SOL).[1][2][3] With $17 billion in assets under stake, it offers non-custodial services such as seamless staking, portfolio tracking, API integrations, audited infrastructure, slashing protection, and on-chain billing, all supporting its mission to drive adoption, growth, and long-term success of the digital asset and Web3 ecosystem.[1][2][3] As a remote-first company with a global team across 23 countries, Figment secures institutional-grade infrastructure with industry-leading SLAs and insurance tiers.[1][3]
Figment emerged in the rapidly evolving crypto space, with its initial investment from F-Prime Capital in 2021, based in Toronto, Ontario.[4] While specific founding year and key founders are not detailed in available sources, the company has grown into a prominent player in PoS infrastructure, becoming the largest non-custodial staker of ETH and a major provider for SOL.[2][3] Its evolution reflects the shift toward efficient PoS blockchains, starting from staking and node management services to comprehensive Web3 development support, fueled by institutional demand post-Ethereum's transition to PoS.[1][4]
(Note: FGMNT (Figment Technology) appears as a separate Australian VR/AR firm for aged care training, unrelated to this blockchain staking leader.[5])
Figment rides the PoS blockchain trend, capitalizing on Ethereum's Merge and the rise of efficient networks like Solana that prioritize data control, privacy, financial inclusion, and reduced centralization.[3][4] Timing aligns with institutional crypto adoption, as token holders seek secure yield amid maturing Web3 infrastructure.[1][2] Market forces like slashing risks, regulatory scrutiny, and the need for audited, non-custodial options favor Figment, positioning it as a key enabler for exchanges and custodians scaling staking operations.[3] It influences the ecosystem by powering validator networks, fostering blockchain usage, and supporting over 1,000 clients in building a "better Internet" free from intermediaries.[1][4]
Figment is poised for expansion as PoS adoption accelerates with more chains launching and institutions allocating to crypto yields. Upcoming trends like restaking, multi-chain interoperability, and enhanced regulatory frameworks will likely boost demand for its secure, scalable infrastructure. Its influence may grow through deeper Web3 integrations and partnerships, solidifying its role in institutional staking dominance—much like its current lead in ETH and SOL rewards generation.[1][2][3]
Figment has raised $165.0M across 4 funding rounds. Most recently, it raised $110.0M Series C in December 2021.
