Institutional staking platform Figment will become an additional infrastructure provider to Dutch exchange Bitvavo.
Update (May. 1 at 15h00 UTC): This article has been updated to include additional information about Figment's partnership with Bitvavo.
Netherlands cryptocurrency exchange Bitvavo will tap into staking platform Figment’s institutional-grade infrastructure to stake a variety of tokens on behalf of its users.
Figment, which attracted significant investments from the likes of Galaxy Digital in 2021, announced that it would provide staking infrastructure for the Dutch exchange. Bitvavo will stake user assets across multiple proof-of-stake protocols including Ethereum, Solana and NEAR.