Figment Expands Staking Access for Institutions Through Coinbase Prime Integration
October 28, 2025
Institutional investors using Coinbase Prime can now stake a broader range of Proof-of-Stake (PoS) assets — including Solana, Avalanche, Cosmos, Polkadot, and NEAR — following an expanded partnership with Figment.
The enhanced integration allows clients to earn staking rewards while keeping assets securely in Coinbase’s institutional custody, addressing growing demand for yield opportunities among large investors.
The announcement comes as several spot crypto exchange-traded funds (ETFs) with staking features debut on the New York Stock Exchange, underscoring a broader trend of institutional engagement in yield-generating digital assets.
Coinbase Prime, the institutional brokerage arm of Coinbase (COIN), first teamed up with Figment in early 2024 to offer Ethereum (ETH) staking. Since then, the two firms have facilitated more than $2 billion in staked assets, including institutional participation in Grayscale’s ETH exchange-traded product.
“With institutional capital flowing into on-chain yield strategies, simplified and secure access to staking has become essential,” said Figment CEO Lorien Gabel. “Our work with Coinbase enables companies to participate in network validation at scale while maintaining full asset control.”
Figment currently secures more than $18 billion in staked assets across multiple networks and remains one of the largest non-custodial staking providers globally. The company said the partnership not only expands institutional access but also strengthens validator diversity — an increasingly important element for decentralization and network resilience.
