Figment, an independent institutional staking provider, has been selected by Grayscale Investments® as its staking partner for the first U.
S. launch of staking in Ethereum (ETH) Exchange Traded Products (ETPs) and a Solana (SOL) Trust.
This initiative by Grayscale marks a development for staking adoption within the U.
S. institutional market. Figment’s role involves contributing its expertise in security, compliance, and performance to support the continued expansion of institutional staking. The Grayscale funds utilize Figment’s institutional-grade infrastructure to integrate Proof-of-Stake rewards directly into their ETPs, offering investors access to staking within regulated investment vehicles while enabling participation in blockchain security mechanisms.
Figment, a genesis validator on both Solana and Ethereum, has prior experience supporting staking in ETPs across Canada, Europe, and Latin America. This background informs its provision of infrastructure to support Grayscale’s funds. Staking is now operational in the Grayscale Ethereum Trust ETF (ETHE), Grayscale Ethereum Mini Trust ETF (ETH), and Grayscale Solana Trust (GSOL).
Lorien Gabel, CEO and Co-Founder of Figment, stated, “Beyond returns, staking in ETPs enables holders to participate in securing and processing transactions for the blockchain. Figment provides institutions like Grayscale the trust, transparency, and feasibility to bring staking to their customers.” Figment focuses on developing scalable staking solutions for the evolving needs of funds, asset managers, and institutional investors.
Figment is recognized as a provider of staking infrastructure, managing $18 billion in assets under stake across more than 40 protocols. The company supports over 1000 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, in earning rewards on their digital assets. Figment operates as the largest non-custodial staking provider for staked Ethereum (ETH) and Solana (SOL), offering services such as seamless point-and-click staking, portfolio reward tracking, API integrations, audited infrastructure, and slashing protection.
