Ripple Custody Selects Figment to Expand Institutional Crypto Staking Services

Ripple Custody Selects Figment to Expand Institutional Crypto Staking Services

Ripple Custody partners with Figment, allowing banks to offer Ethereum and Solana staking without running validator infrastructure or extra tooling.
Figment provides non-custodial staking, validator operations, and reporting, while Ripple Custody handles custody workflows.

Ripple Custody has chosen Figment to launch institutional crypto staking, including on large proof-of-stake networks like Ethereum and Solana. The partnership links the Figment staking infrastructure and the Ripple Custody platform, enabling regulated institutions to provide staking as part of existing custody operations.
The partnership is positioned for banks, custodians, and other regulated firms that want staking features without operating validator systems internally. Ripple Custody will provide the custody and connectivity layer, while Figment will supply non-custodial validator operations and related tooling. The stated goal is to reduce operational work while maintaining governance controls and compliance

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