Figment Joins Blockchain Association To Advance U.S. Crypto Policy And Institutional Staking Adoption

(MENAFN- Chainwire) Today, Figment , the leading independent staking infrastructure provider with over $15B in staked assets, announced it is joining the Blockchain Association , the leading trade association for the cryptocurrency industry in the United States. Joining forces with the country's preeminent exchanges, venture capital firms, infrastructure, and service providers emphasizes Figment's continued leadership role in shaping regulation that facilitates institutional crypto adoption.

As institutional interest in protocol staking continues to grow, Figment's membership in the Blockchain Association reinforces its commitment to working with policymakers and regulators to establish clear guidelines for the staking ecosystem in particular. This collaboration comes at a crucial time as the industry seeks regulatory clarity, particularly regarding the treatment of protocol staking in exchange-traded products.

Through the Association, Figment will focus on key educational and advocacy initiatives, including:

• Protocol staking in ETPs
• Development of staking regulatory frameworks
• Education on the distinction between protocol staking and yield products
• Cross-jurisdictional policy alignment

As a member of the Blockchain Association, Figment strengthens its position as a trusted voice in shaping the future of digital asset infrastructure. This membership enhances the company's ability to serve its 700+ institutional clients while contributing to the development of responsible industry standards.

Figment continues to educate American policymakers on staking's critical importance in securing and decentralizing Proof-of-Stake (PoS) networks. Having reached a , PoS networks are noteworthy for offering a more sustainable alternative to energy-intensive Proof-of-Work mining. The marked another significant milestone for Proof-of-Stake networks.

The entire Figment team is energized to bring its staking expertise to the Blockchain Association's agenda at this critical moment for the future of the nation's crypto policy. Beyond navigating the hopeful addition of staking to ETPs, Figment is also helping traditional banks and brokerages navigate the opportunities of staking within regulated financial institutions made possible through .

About Blockchain Association

is the unified voice of the cryptocurrency industry. Their members include the sector's leading investors, companies, projects, and protocols, working together to support a future-forward, pro-innovation national policy and regulatory framework for the crypto economy. For more information, users can visit

About Figment

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