Ripple Custody Partners With Figment to Offer Institutional Staking
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- Ripple Custody integrated Figment to offer institutional staking for Ethereum and Solana.
- The setup targets regulated banks and custodians that need staking with security and compliance.
- Figment handles validator operations while Ripple Custody controls asset security.
Ripple Custody confirmed a new partnership with Figment to bring staking access directly into its institutional custody platform. The focus is on regulated entities such as banks, custodians, and large enterprises that want exposure to Proof‑of‑Stake rewards without running validators or building internal systems.
According to a press release, the initial supported networks include Ethereum and Solana. While Ripple provides the custody layer and secure access, Figment supplies the staking infrastructure.
Institutions can now offer staking to end clients within existing custody workflows. Key m…
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