Paribu Custody x Figment Unlocking Staking Potential for Institutional Clients

Paribu Custody, Türkiye’s first institutional digital asset custody provider and one of the global standard-setters in the industry, has partnered with Figment, the leading independent staking infrastructure provider, to offer advanced staking infrastructure for its institutional clients. This collaboration integrates Paribu Custody’s high-security standards with Figment’s cutting-edge staking technology, providing a seamless and secure gateway to the digital asset ecosystem.

Through this partnership, Paribu Custody enables institutional clients to participate in protocol staking, ensuring their digital assets are securely managed throughout the process, while maintaining custody. This solution caters to a wide range of organisations, from financial institutions to blockchain-focused enterprises, offering a streamlined way to capitalise on staking rewards multiple networks including Ethereum (ETH), Solana (SOL), Cosmos (ATOM), Polkadot (DOT), and Cardano (ADA). 

“With our collaboration with Figment, we have taken a pivotal step in empowering institutional clients to engage with the digital asset ecosystem securely and effectively,” said Mehmet Hüseyin Kafadar, Director of Paribu Custody. “Our mission is to combine innovative technology with exceptional security to help our clients strengthen their position in this dynamic ecosystem.”

“Collaborating with Paribu Custody on the launch of their staking product is a significant milestone,” said Eva Lawrence, Head of EMEA at Figment. “As the leading institutional staking provider globally, we are proud to work with the largest custodians in EMEA and beyond. Paribu Custody, as Türkiye’s first institutional digital asset custodian, shares our commitment to innovation and security, making this partnership a natural fit.”

Staking, a fundamental aspect of Proof-of-Stake (PoS) blockchain networks, has become an essential component of the digital asset ecosystem. As an eco-friendly alternative to the energy-intensive Proof-of-Work (PoW) model, staking allows asset holders to lock their tokens, contribute to network security, and earn rewards. With the global staking market surpassing $40 billion, the demand for secure, efficient, and institution-focused staking solutions is rapidly growing.

Bu içerik en son 17 April 2025 tarihinde güncellenmiştir.

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