Figment

Overview

Figment is a leading blockchain infrastructure and services provider, offering staking solutions and application layer support for token holders and developers investing in Web3 technologies. The company operates validators on over 65 proof-of-stake networks, including Ethereum, Near, Flow, Oasis, and multiple Cosmos-based blockchains. Figment's non-custodial staking services allow users to delegate their tokens to Figment's validators, earning rewards while maintaining control of their assets. As of February 2023, Figment had over USD 7.5 billion in digital assets staked across its supported networks and served more than 130 institutional clients.

In addition to staking services, Figment provides blockchain data infrastructure through its DataHub platform. This multi-chain Web3 development product offers developers reliable access to RPC and REST APIs for various blockchain networks, enabling seamless deployment of decentralized applications. Figment's DataHub integrates with multiple protocols, including Ethereum and Evmos, allowing developers to manage their application's protocol connections within a single interface.

Figment's mission is to support the adoption, growth, and long-term success of the Web3 ecosystem. The company is committed to a multi-chain future, believing that various blockchains with different functions and communities will coexist and communicate with each other. To further this vision, Figment has invested in fostering the development of new decentralized protocols and applications through its investment arm, Figment Capital.

Key customers and partnerships

Figment's client base includes some of the world's leading token investors, developers, protocol teams, exchanges, and custodians. Among its largest customers are Coinbase, Crypto.com, Anchorage, The Graph, and Ether Capital. The company has expanded its institutional client base from 31 to over 130 in 2021.

In February 2022, Figment announced a collaboration with Evmos to provide critical blockchain infrastructure and educational content for the Evmos community. As part of this partnership, Figment operated an Evmos validator at mainnet launch and integrated Evmos within its DataHub platform. Additionally, Figment has joined the Pyth data oracle network as a core contributor and partner, working to enhance the functionality and usability of the Pyth network.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
545 King Street West Toronto ON CAN
Founded year:
2018
Employees:
101-250

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.