Two Prime and Figment Partner for Institutional Staking
- Two Prime partners with Figment for advanced staking solutions.
- Partnership enhances institutional digital asset management.
- Expected growth in staking participation and liquidity.
Two Prime has partnered with Figment to provide institutional clients staking and Bitcoin yield opportunities across over 40 digital assets, including ETH and SOL.
This collaboration enhances institutional access to digital asset rewards, diversifying strategies and potentially increasing market liquidity.
Two Prime has joined forces with Figment, aiming to provide institutional staking and Bitcoin yield products. With this union, rewards can be earned for staking over 40 digital assets, including major protocols like ETH and SOL.
This collaboration involves Two Prime, an SEC-registered investment advisor, and Figment, a prominent independent staking provider. The partnership aims to support yield generation across multiple protocols, targeting institutional interest in digital assets.
Institutional clients and treasuries are likely to benefit significantly. The partnership is expected to increase participation in on-chain staking, thereby enhancing the liquidity of supported assets and streamlining digital asset management.
This venture involves substantial financial implications, considering the combined access to assets worth billions. It highlights the ongoing strategic pursuit of staking opportunities and aims to capitalize on institutional demand for yield strategies. Analysts predict that this partnership will drive increased institutional adoption of staking services, affecting digital asset market dynamics.
It underscores a growing trend toward integration of traditional financial strategies within the crypto ecosystem. The combined expertise of Two Prime and Figment could yield new structured products and innovative services, promoting broader adoption. Expert insights suggest that such alliances enhance the maturity of the cryptocurrency market infrastructure.
Alexander Blume, CEO of Two Prime, stated, “As institutional interest in digital assets expands, firms are seeking reliable partners to support yield generation across multiple protocols. By aligning with Figment, we’re offering a more complete and secure solution for treasuries managing BTC and other digital asset holdings.” – Source
