Bitvavo’s Digital Asset Staking Now Powered By Figment

May 1, 2024

Bitvavo is pleased to announce its collaboration with Figment. Bitvavo’s staking services are now powered by Figment’s staking infrastructure.

Bitvavo, Amsterdam based and the largest EUR spot crypto exchange globally, is now utilizing Figment’s institutional-grade infrastructure with their offered staking services to its customers. Bitvavo will stake assets on behalf of its clients across multiple networks, including ETH, SOL, and NEAR, amongst others.

As one of the leading cryptocurrency exchanges in Europe, with access to over 250 crypto assets and approximately 1.5 million users, Bitvavo stands out as a market leader. As a registered exchange with the Dutch Central Bank, it provides a secure trading environment with robust regulatory oversight that ensures compliance with all necessary regulations. Bitvavo and Figment share a philosophy of safety and security being top priorities and will continue to prioritize this for the exchanges’ customers. 

“Bitvavo is reviewing and enhancing its products and services on a continuous basis.

We see staking as an integral part of the crypto industry and are happy to continue offering this service to our customers with Figment as one of our valued and trusted partners. Working with Figment allows us to offer additional security and safety around staking and to expand our offering. Figment is one of the staking infrastructure leaders in the market and we continue to be impressed by their staking- and up-to-date market knowledge. We look forward to continuing this successful partnership.” – Mark Nuvelstijn, Chief Executive Officer (CEO) at Bitvavo

We look forward to continuing to complement Bitvavo’s staking service with our institutional-grade infrastructure. We have been working with the team for 6 months now and have been extremely impressed with their speed and innovation around new network offerings. We look forward to continuing to strengthen this relationship as well as bringing staking to Bitvavo’s users across Europe.” – Eva Lawrence, Head of EMEA at Figment

Key Features of Protocol Staking with Bitvavo & Figment:

  • Access to staking rewards via Bitvavo on newly launched networks.
  • Dedicated validator nodes for Bitvavo to ensure enhanced network performance and security.
  • Advanced reporting capabilities for Bitvavo, ensuring oversight and transparency.
  • Clients benefit from Figment’s engineering and protocol expertise to earn consistent staking rewards via Figment’s “Safety Over Liveness” approach
  • Figment operates best-in-class staking infrastructure, backed by Figment’s certifications, including a SOC 2 Type I and ISO 27001. For further protection, Figment provides peace of mind with our robust risk and slashing coverage. 

About Figment

Figment is the leading provider of staking infrastructure. Figment provides a comprehensive staking solution to over 500 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets. On Ethereum, Figment is the largest non-custodial staking provider of staked ETH on Figment validators. Figment’s institutional staking service offers a seamless point-and-click staking dashboard, portfolio reward tracking, API integrations, audited infrastructure, and slashing protection. This all leads to Figment’s mission to support the adoption, growth, and long-term success of the digital asset ecosystem.

About Bitvavo

Bitvavo, established in 2018 in Amsterdam, is the leading European cryptocurrency trading exchange and the largest EUR spot exchange globally. Over 1,5 million European users value Bitvavo for its comprehensive and user-friendly platform, where users can buy, sell, and store over 250 digital assets at competitive trading fees. Bitvavo is registered with the Central Bank of the Netherlands (DNB).  

The information herein is being provided to you for general informational purposes only. It is not intended to be, nor should it be relied upon as, legal, business, tax, or investment advice. Figment undertakes no obligation to update the information herein. 

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