Bitvavo Partners with Figment to Offer Staking Services for Multiple Tokens to Users
Bitvavo, the Amsterdam-based cryptocurrency exchange known as the largest EUR spot exchange globally, announced a strategic collaboration with Figment on May 1, a leading provider of staking infrastructure. The partnership sees Bitvavo leveraging Figment’s institutional-grade infrastructure to power its staking services.
By combining their expertise and resources, both entities seek to enable new features and enhance the overall user experience. With Bitvavo’s expansive reach and Figment’s proven track record in staking infrastructure, the collaboration is poised to reshape the landscape of staking services in Europe.
According to the announcement, Figment, which received sizeable investments from industry giants like Galaxy Digital in 2021, revealed that it would furnish staking infrastructure for the Dutch exchange. Bitvavo will utilize Figment’s infrastructure to offer staking services across multiple networks, including Ethereum (ETH), Solana (SOL), and NEAR, among others.
As a prominent cryptocurrency exchange in Europe with access to over 250 crypto assets and approximately 1.5 million users, Bitvavo stands out as a market leader. The exchange is registered with the Dutch Central Bank, offering a secure trading environment with robust regulatory oversight.
Key features of the protocol staking service offered through Bitvavo and Figment include access to staking rewards on newly launched networks, dedicated validator nodes to ensure enhanced network performance and security, and advanced reporting capabilities for oversight and transparency.
Figment is pleased to announce our collaboration with @bitvavocom, one of the leading digital assets exchanges in Europe.
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