Figment, a leading staking infrastructure provider with over $15 billion in staked assets, announced its membership in the Blockchain Association, the leading trade association for the cryptocurrency industry in the U.S. This move highlights Figment's role in shaping regulations that facilitate institutional crypto adoption.
Joining the Blockchain Association
Figment’s membership in the leading association emphasizes its commitment to collaborating with exchanges, venture capital firms, and infrastructure providers to establish clear guidelines for the staking ecosystem. This collaboration comes at a critical time for the industry, as it seeks regulatory clarity, particularly regarding protocol staking in exchange-traded products.
The Importance of Protocol Staking Regulation
Through the Blockchain Association, Figment will focus on educational and advocacy initiatives, 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. As a member of the association, Figment strengthens its position as a trusted voice in shaping the future of digital asset infrastructure.
The Future of Staking and Digital Infrastructure
Figment continues to educate American policymakers on the critical importance of staking in securing and decentralizing Proof-of-Stake (PoS) networks. Figment’s participation in the Blockchain Association helps traditional banks and brokerages navigate staking opportunities within regulated financial institutions made possible by SAB 122.
Joining the Blockchain Association enables Figment to strengthen its position in the industry, continue to influence the development of responsible standards, and enhance its role in shaping the future of digital asset infrastructure.
