Utila Partners with Figment to Empower Institutions with Streamlined Staking Solutions

Utila, the leading enterprise-grade crypto operations platform, today announced a collaboration with Figment, the leading staking platform designed for institutions.

This collaboration empowers Utila’s institutional clients with access to Figment’s Comprehensive staking solutions, enabling them to securely earn rewards on their digital assets with greater ease and efficiency.

Utila’s clients can now seamlessly connect with Figment’s robust staking infrastructure via the Utila Browser extension. With this partnership, Utila strengthens its position as a one-stop shop for all institutional crypto operations needs by offering integrated staking solutions, while Figment expands its reach within the institutional crypto ecosystem through Utila’s platform.

Key Features of Staking Solutions with Utila & Figment:

• Utila’s clients gain from Figment’s deep engineering and protocol knowledge, enabling them to earn risk-optimized staking rewards. 
• Figment’s premier staking infrastructure is supported by comprehensive certifications, including SOC 2 Type II and ISO 27001, ensuring top-tier security and peace of mind through extensive risk and slashing coverage.
• This Utila and  Figment partnership enables clients of Utila to seamlessly stake their assets directly from the Figment App by connecting to the Utila plugin, underscoring ease of access to all staking operations. 
• Utila’s clients will have access to Figment’s optimized Rewards Reporting, with detailed and comprehensive rewards statements in various formats.

Bentzi Rabi, Co-founder & CEO of Utila says: 

“We are thrilled to partner with Figment to provide our institutional clients with a secure and efficient way to participate in staking. This integration strengthens Utila’s position as a one-stop shop for all institutional crypto operations needs.”

Ben Spiegelman, VP – Head of Corporate Development and Partnerships of Figment adds: 

“We are excited to join forces with Utila in this partnership, which underscores our shared commitment to serving the unique needs of institutional clients such as Funfair. Utila’s dedication to security complements our mission to deliver robust and reliable staking solutions. Together, we empower clients with a seamless and secure pathway to participate in the evolving digital asset landscape.”

Lloyd Purser, Partner at Funfair Ventures, a VC fund utilizing the integration, highlights:

“As a company staking Solana through the Utila-Figment integration, we’re excited about the ease and efficiency this partnership brings. This integration has significantly streamlined our staking operations. Utila’s platform provides a secure and user-friendly environment for our digital assets, while Figment’s expertise ensures optimized rewards and top-tier security. This collaboration is a step forward for institutions looking to confidently participate in staking and maximize their returns.”

Utila’s collaboration with Figment signifies a major step forward in making institutional staking more accessible and secure. By combining Utila’s industry-leading crypto operations platform with Figment’s best-in-class staking solutions, institutions can now confidently participate in staking and unlock the full potential of their digital asset holdings.

About Figment

Figment is a staking platform designed for institutions. Figment provides a comprehensive staking solution for over 500 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets.

Figment’s institutional staking service offers a seamless point-and-click staking dashboard, portfolio reward tracking, API integrations, audited infrastructure, and slashing protection. This all leads to our mission to support the adoption, growth, and long-term success of the digital asset ecosystem. 

To learn more, visit https://figment.io/ 

About Utila

Utila is an enterprise-grade crypto operations platform and an institutional MPC wallet provider. Utila enables organizations of all sizes to securely manage digital assets across multiple blockchains, wallets, and users on a single platform, without any complexity. 

We simplify digital asset management and crypto operations for institutions without compromising on security or usability. We offer a secure, non-custodial, chain-agnostic, enterprise wallet platform powered by MPC key management and a robust policy engine. Trusted by industry leaders, Utila has secured over $10 Billion in transactions since launch and is growing rapidly.

To learn more, visit https://utila.io/