Figment Becomes Latest Member of Blockchain Association in Push for Institutional Staking Adoption

Figment Becomes Latest Member of Blockchain Association in Push for Institutional Staking Adoption
фото показано с : zycrypto.com

2025-2-14 22:30

Figment, a top independent staking infrastructure provider, has announced its membership in the Blockchain Association, the leading trade association for the cryptocurrency industry in the United States.

As a result of this move, the staking platform with over $15B in staked assets will join forces with top exchanges, venture capital firms, infrastructure, and service providers in the country to push for institutional adoption of cryptocurrency.

Kristin Smith, CEO of Blockchain Association, commented on the new development, saying:

“We are excited to welcome Figment as a member of the Blockchain Association. As the U.S. moves into a new era for digital assets, establishing regulatory clarity around staking will be critical. We look forward to the Figment team lending their expertise to these policy conversations in DC.”

The U.S. is at a critical time when the crypto industry seeks regulatory clarity to enable it to thrive after many years of setbacks.

This is also a time when institutional interest in cryptocurrencies is rapidly increasing. Figment’s collaboration with the Blockchain Association shows its commitment to bringing about institutional crypto adoption in general and staking in particular. 

The staking giant is focusing efforts on four major areas of education and advocacy, including protocol staking in ETPs, development of staking regulatory frameworks, education on the distinction between protocol staking and yield products, and cross-jurisdictional policy alignment.

Figment will also gain more credibility as a leader in shaping the future of digital asset infrastructure, enabling it to serve its 700+ institutional clients better while contributing to the development of responsible industry standards.

Before now, the startup has educated American policymakers on the critical role that staking plays in securing and decentralizing Proof-of-Stake (PoS) networks.

With the Blockchain Association, Top on its agenda is the possible addition of staking to ETPs and making it possible for traditional banks and brokerages to navigate the opportunities of staking within regulated financial institutions through SAB 122.

 Jennie Levin, Chief Regulatory & Strategy Officer at Figment, said:

“Protocol staking is the backbone of blockchain security, ensuring network integrity and decentralization. Figment is thrilled to join the Blockchain Association, to align with industry leaders to further this message and advocate for a thriving, secure, and decentralized future.”

Proof-of-Stake networks have reached a market cap of $633 billion market cap, offering a more sustainable alternative to energy-intensive Proof-of-Work mining. With the approval of Ethereum ETFs, PoS networks see a new possibility of progress, making Figment’s efforts more timely.

origin »

High Performance Blockchain (HPB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0064459
Капитализация $0 Rank 99999
Доступно / Всего 0 HPB

association blockchain figment staking announced membership trade

association blockchain → Результатов: 126


Crypto Roadmap Presented To Trump And Congress By Blockchain Association For Initial 100 Days

As President-elect Donald Trump prepares to assume office on January 20, 2025, the cryptocurrency industry is optimistic for a new regulatory era.  The Blockchain Association, a nonprofit organization focused on promoting innovation and fostering a supportive policy environment for digital assets, has taken the initiative to communicate its priorities directly to the incoming administration and […]

2024-11-24 19:00


Blockchain Association просит Конгресс США отклонить законопроект о крипторегулировании

Некоммерческая правозащитная группа Blockchain Association, представляющая интересы участников криптоиндустрии Соединенных Штатов, обратилась к Конгрессу с официальным письмом,

2024-2-14 12:56


Фото:

Concordium Spearheads Joining Japan Blockchain Association as an Overseas Platform

Concordium AG, a public and permissionless business-grade blockchain, has today announced that it has become a full member of the Japan Blockchain Association (JBA). This development has made it the first overseas platform of its kind to join the Association, adding to the current 120+ local and intercontinental organizations. The news has also come just […]

2021-6-23 18:22


Blockchain Association Board Adds Ripple Executive, Ben Melnicki

Ben Melnicki of Ripple appears to be a new board member of the Blockchain Association. He recently tweeted that he is looking forward to working with the Blockchain Association and its members to “provide regulatory clarity” on what he referred to as a critical issue for the industry and market participants. Looking forward to working […]

2019-11-24 19:41


Фото:

Lobbying Group in Washington Opens Doors to Represent the Crypto Community

High-profile cryptocurrency companies and well-known technology entrepreneurs announced on September 11, 2018, that they will form a lobbying group in Washington called the Blockchain Association. According to the Washington Post, the Blockchain Association is designed to represent investors and entrepreneurs who are building and supporting blockchain technology.

2018-9-13 01:00


Australian Veterinary Association Looks To Blockchain For Improving Livestock Conditions

Amidst the adoption of blockchain technology in virtually all works of life, such as finance, health, technology, agriculture and the likes. The veterinary association around the world, are buying into the blockchain technology, claiming that livestock is exporting and report, could be enhanced through the use of the technology. The buttress the point, the Australian […]

2018-8-6 15:50


NFLPA to Provide Unique Content to Fans Through Live Streaming Blockchain Platform

The NFL Players Association (NFLPA) has acquired a minority stake in a live streaming blockchain platform, enabling players to deliver interactive content for fans to engage with. Through its OneTeam Collective, the Association’s athlete-driven accelerator, the NFLPA will use SportsCastr’s FanChain platform to provide live commentary across a wide range of professional and collegiate sports, […] The post NFLPA to Provide Unique Content to Fans Through Live Streaming Blockchain Platform appeared first on Coinjournal.

2018-8-3 16:38


Фото:

Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan

In recent mining news, indie Steam game, Abstractism, has been accused of installing malicious software on its users’ devices to mine XMR; the vice president of the Blockchain and Crypto Technology Association of Kazakhstan has advocated that the country’s administration seeks to foster the local mining industry; and the commissioners of the Franklin Public Utility […] The post Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan appeared first on Bitcoin News.

2018-7-31 02:45


Leading Tech Association Publishes Blockchain Guide for the Public Sector, Predicts a Positive Future for Cryptocurrencies

One of the world’s leading tech associations, CompTIA, has published a new guide for blockchain applications in the public sector titled “Harnessing The Blockchain Revolution“. The 31-page report explains the technology behind blockchain along with its benefits, uses and applications within the public sector.

2018-7-25 12:17


Leading Tech Association Publishes Blockchain Guide for the Public Sector, Predicts a Positive Future for Cryptocurrencies

One of the world’s leading tech associations, CompTIA, has published a new guide for blockchain applications in the public sector titled “Harnessing The Blockchain Revolution“. The 31-page report explains the technology behind blockchain along with its benefits, uses and applications within the public sector.

2018-7-25 01:11


Iran’s Blockchain Association President Says US Govt Confiscated 500 BTC

The head of Iran's Blockchain Association, Sepehr Mohammadi, recently claimed that the US government has confiscated over 500 BTC from Iranian citizens traveling into and out of the country. In April, the Central Bank of Iran (CBI) banned banks and financial institutions in the country from dealing with cryptocurrencies. The CBI claimed that “All cryptocurrencies […]

2018-7-24 00:31


Аргентинцы основали собственную блокчейн-ассоциацию

Аргентинские блокчейн-эксперты объявили о создании ассоциации America’s Blockchain Association, ABA, для продвижения технологии в своем регионе. Миссия блокчейн ассоциации ABA – распространение информации и знаний о технологии распределенного реестра для компаний, государственных организаций и частных лиц.

2018-7-21 18:02


Southeast Asian Government Corporation Implements Worldwide Cryptoledger

Singapore e-government service provider CrimsonLogic has unveiled its cross-border blockchain network for global trade, according to a July 18 press release. Dubbed the Open Trade Blockchain (OTB), the platform is principally designed to boost the efficiency of trade corridors between China and the Association of Southeast Asian Nations (ASEAN) nations. Various operators have already signed

2018-7-19 20:10


Фото:

Thailand Announces State-Backed “Bond Coin” to Facilitate Faster Security Settlements and Clearance

The Thailand government is swiftly taking steps to adopt and implement cryptocurrencies and blockchain technology within its administration. Local reports on July 16, 2018 confirmed that a prominent securities body in Thailand is developing a digital token to facilitate settlement clearing of corporate bonds.

2018-7-18 06:00