Figment

✨ What an incredible year it has been for our industry, and the momentum we’re carrying into 2025 is truly exciting. As 2024 ends, we thank you for your support in driving the adoption and success of the digital asset industry. We look forward to continuing this journey into the new year. 🎆 Here’s to a New Year filled with boundless innovation and transformative growth in the blockchain industry!

What an amazing way to end a milestone year for Figment . Big thank you to our valued partners/connections who attended. Onward to an even brighter 2025!

🎤 Customer Success Manager, Kenneth Lim, and Sales Engineer, Celine Chong attended the 2024 Appreciation Banquet, co-hosted with Elven, Tokenize Xchange, BitGo, ByteTrade Lab, and BSquared Network; an inspiring way to celebrate the year’s progress in the APAC region and build bridges for the future. 🚀 It was a privilege to participate and share insights at this exceptional event as we look forward to 2025.

📣 Gain valuable insights into Consensus Layer Call #147 with Figment’s Ethereum expert Ben Thalman, CFA. Learn how these developments may impact your ETH staking strategies. 👇

Firedancer, the new validator client developed by Jump Crypto, is a breakthrough upgrade to Solana’s network – and it’s poised to transform the landscape of SOL staking. Here’s why this matters for you. 👇 ⚡ For SOL Stakers: Firedancer creates a more efficient, reliable environment for staking, leading to potentially better rewards. ⚡ For Asset Managers: This marks a pivotal moment in Solana’s evolution, showcasing improved scalability and security making it a more attractive blockchain for long-term growth. With this upgrade, you can expect: ✅ Faster Performance ✅ Improved Security ✅ Enhanced Staking Rewards 🟨 Figment is dedicated to the long-term growth of the Solana ecosystem We’re excited about Firedancer’s potential to enhance on-chain activity and drive the network’s evolution. 🔗 Learn more about how Firedancer impacts staking rewards and the Solana Foundation’s ecosystem future here. 👉 https://lnkd.in/eyBj9idw

Pleased to introduce Eva Lawrence, Head of EMEA at Figment, as a speaker at the Digital Assets Forum!  Eva leads Figment’s efforts in providing blockchain infrastructure and staking solutions for institutions. With a background in law, trading, and strategy, she previously served as COO of Arcane Crypto and held senior roles at Morgan Stanley, including Head of EMEA Flow Trading for Securities Lending. Eva is also a UK-qualified lawyer specializing in digital assets and financial services.  📅 Save the date: February 3, 2025, in London!  

The appointment of Congressman French Hill as Chairman of the U.S. House Committee on Financial Services marks a promising development for crypto policy. Currently, Rep. French Hill leads the committee’s digital asset-focused panel and has worked to pass multiple crypto bills. With Congressman Hill at the helm of the House Financial Services Committee, several significant shifts in U.S. crypto policy could occur. Hill, known for his pro-crypto stance and balanced approach to financial innovation, is likely to drive changes aimed at fostering a regulatory environment conducive to the growth of blockchain and digital assets. Here’s what we can expect: 1. Push for Clear Legislation Hill has been a strong proponent of laws that clarify the roles of agencies like the SEC and CFTC in regulating digital assets. Under his leadership, legislative efforts such as the Financial Innovation and Technology for the 21st Century Act (FIT21), could gain traction, offering a comprehensive framework for the industry. 2. Pro-Stablecoin Regulation He is expected to champion bills like the Clarity for Payment Stablecoins Act, which would establish clear guidelines for fiat-backed stablecoins. These regulations could increase market confidence and attract more institutional participation to transact on blockchain-based payment rails. 3. Removal of Barriers Preventing Access to Crypto in Banking Industry Earlier this year, Hill voiced concerns about debanking in the crypto industry and said he plans to scrutinize the issue in the new year.  Additionally, Hill voted to overturn the U.S. Securities and Exchange Commission's staff accounting bulletin called SAB 121. SAB 121 has drawn controversy over the past year over concerns in the crypto industry that it could prevent banks from safeguarding digital assets. 4. Collaboration with Industry Hill has emphasized the importance of engaging with stakeholders to craft policies that reflect the needs of the rapidly evolving crypto sector. This approach could reduce uncertainty and encourage investment in the U.S. 5. Less Aggressive Enforcement With Hill’s leadership and a possible shift at the SEC, there may be fewer enforcement actions and more focus on regulatory clarity through rulemaking, providing a more predictable environment for crypto companies. Overall, Hill’s leadership could mark a turning point for U.S. crypto policy, emphasizing clarity, innovation, and collaboration. These changes, along with all of the other anticipated changes coming with the new administration could position the U.S. as a global leader in blockchain technology and digital finance. Stay tuned.

With some promising regulatory trends in the US, there is a lot of focus on ETH ETFs and staking. Currently, the ETH ETFs in the US do not allow for staking of the underlying ETH and passing rewards on to investors. There is clear market demand for ETH on its own as it heads towards ATH, but with staking as a native mechanism to secure Ethereum while simultaneously rewarding stakers with yield, any ETH investment product that does not include staking is likely falling short on both its intended utility and potential returns. We’ve had many investors reach out to learn more about the pros and cons of purchasing spot ETH and staking vs purchasing an ETH ETF / ETH Staking ETF. With some cautious optimism and anticipation, and some interesting staking products already issued outside of the US, I've put together a primer on ETH ETFs as they relate to staking:  - How did we get here?  - How does a crypto ETF work, and what is its value vs buying spot and staking?  - What is the current state of the global ETH ETF market?  - What should investors consider when making this decision? Feel free to drop a comment with anything else you'd add to this.

Figment’s Solana validator achieved an 11.78% SRR, a testament to Jito-Solana and MEV innovation. Let’s see what is driving this growth across the ecosystem. 💭 Key points: 🎯 MEV rewards now make up 3.5% of the total, up from just 0.01%. 📈 Transaction activity, including $9B daily trading volumes, fuels demand. 🔑 In our case, Figment’s advanced infrastructure ensures premium MEV capture for delegators. Reevaluate and optimize your staking rewards strategy with reliable, high-performance validators like Figment. 🔗 Learn more here. 👉 https://lnkd.in/ejY6-ayv

🚀 Proof-of-Stake has revolutionized Ethereum—and now, it’s opening new possibilities for Bitcoin with Babylon Labs. 📣 Want to be part of Bitcoin’s next chapter? Now’s your chance. Stake your Bitcoin with Figment today. 1️⃣ Search for "Figment" 2️⃣ Follow the instructions to delegate 👉 https://lnkd.in/dXJ9JA2x