Figment Strengthens Position With Acquisition of Staking Analytics Firm Rated
Figment Strengthens Position With Acquisition of Staking Analytics Firm Rated
TL;DR Figment has acquired Rated Labs to enhance staking data capabilities and give institutional clients better insight into validator performance across networks like Ethereum, Solana, and Cosmos. The company, which oversees more than $18 billion in staked assets, will integrate Rated's APIs and Explorer without changing the brand.
Article Summary
**Figment Bolsters Institutional Crypto Staking Operations Through Strategic Rated Labs Acquisition** Leading blockchain infrastructure provider Figment has completed a pivotal acquisition of staking analytics firm Rated Labs, significantly strengthening its position in the rapidly expanding cryptocurrency staking market. This strategic move enhances Figment's data capabilities for institutional clients managing validator performance across major blockchain networks including Ethereum, Solana, and Cosmos. The acquisition comes as Figment oversees an impressive $18 billion in staked digital assets, positioning the company as a dominant force in the institutional crypto staking sector. By integrating Rated's sophisticated APIs and Explorer platform, Figment will provide enhanced transparency and performance metrics for institutional investors navigating the DeFi landscape. This development signals growing institutional adoption of cryptocurrency staking services, as traditional finance players seek reliable infrastructure partners for blockchain validation. The acquisition maintains Rated's existing brand while expanding Figment's comprehensive suite of staking solutions across multiple cryptocurrency networks. The strategic consolidation reflects the maturing cryptocurrency market's demand for professional-grade staking infrastructure, potentially driving increased institutional participation in blockchain validation and decentralized finance protocols.
