Zodia Custody expands staking options with Figment

London, UK — 10 December 2024 — Zodia Custody, a leading institution-first digital asset custodian backed by Standard Chartered, SBI Holdings, Northern Trust, National Australia Bank, has expanded its staking options through a partnership with Figment, a top provider of staking infrastructure. This bolsters the institutional custodian’s pioneering staking portfolio which already includes a roster of three staking partners and five blockchains, with more expected in the near future.

This collaboration offers institutional clients more ways to earn rewards from their investments while ensuring security, control and a compliance-first approach with their digital assets throughout the staking process. The solution ensures that clients retain full ownership and control of their digital assets and rewards throughout the entire staking workflow.

“With Figment, we are able to put into place another crucial piece of the puzzle; greater diversity and options for institutions seeking best-in-class services, without compromising security or risk. This integration is a significant step forward, enabling institutions already using Zodia Custody to unlock even more value. We are excited to work with Figment who will bolster our staking options for clients long into the future.” said Julian Sawyer, CEO of Zodia Custody.

“Figment is pleased to have partnered with Zodia Custody to provide our staking infrastructure services to Zodia’s clients. As both firms have security and compliance at the core of our services, our values are very well aligned. We look forward to continuing to work with the Zodia Custody team as this partnership continues to evolve into the new year.” said Eva Lawrence, Head of EMEA at Figment.

Figment, with over 500 institutional clients and $3 billion in total assets staked, is the largest non-custodial staking provider on the Ethereum blockchain, managing nearly five percent of staked ETH.