Figment + FalconX: Unlocking the Potential of Staked ETH

July 1, 2024

Figment is proud to announce its collaboration with FalconX, the leading institutional digital asset prime broker, to provide institutional clients with new opportunities to maximize the utility of their staked Ethereum (ETH) digital assets in an efficient and secure way. Through Figment’s robust staking infrastructure and MEV-Boost technology, FalconX’s institutional clients that qualify can earn staking rewards. These institutions can then use staked tokens as collateral* for trading and generate additional returns through structured products.

Ethereum is the largest Proof-of-Stake blockchain by market cap. With over a 99% average participation rate and zero slashing events, institutions that stake ETH through Figment benefit from advanced engineering and protocol expertise. Figment’s MEV-Boost technology further enhances reward potential by optimizing validator performance and capturing maximal extractable value.

Key Highlights

Seamless Integration

FalconX’s easy-to-use interface enables qualifying institutions to stake ETH with a few clicks, removing the complexities of managing wallet infrastructure and validators. By utilizing Figment’s established staking infrastructure, clients can expect optimal performance and security, enhancing the efficiency of their operations.

Balance Sheet Efficiency

Qualifying institutions can leverage their staked ETH as collateral* for financing needs, even during the unstaking period. This capability enhances balance sheet efficiency and capital utilization, providing a flexible solution for managing digital assets and optimizing financial strategies.

Risk Management and Transparency

FalconX offers comprehensive tools to help you manage market risk, including the ability to hedge through various financial instruments. Additionally, institutions benefit from transparent, auditable staking processes, providing peace of mind and reliable performance. The commitment to transparency and robust risk management underscores FalconX’s dedication to client security and trust.

*The use of staked tokens as collateral is subject to risk review and approval by FalconX for certain trading products. Additionally, the availability and use of staked tokens as collateral may be subject to jurisdictional limitations and other restrictions. Please consult with a FalconX representative to understand the specific requirements and limitations applicable to your region and trading activities.

About FalconX

FalconX is a leading digital asset prime brokerage for the world’s top institutions and the first CFTC-provisionally registered cryptocurrency swap dealer. We provide the most comprehensive access to global digital asset liquidity. Our 24/7 dedicated team for account, operational, and trading needs enables investors to navigate markets around the clock.

For more information, please visit falconx.io

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.

This information is provided for general informational purposes only and should not be considered legal, business, tax, or investment advice. Figment and FalconX undertake no obligation to update the information herein. 

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