Crypto exchange Tokens.com integrates Figment’s staking platform

Tokens.com, a crypto exchange processing & validation service provider, today announced the addition of Figment as its newest staking integration partner.

Figment’s staking services platform will now be utilized within Tokens.com for selected cryptocurrencies. Meanwhile, Tokens.com will receive compensation, in the form of crypto tokens, for processing transactions and securing selected crypto networks.

“We look forward to working with Figment in our crypto staking operations. We’re excited to expand our team of strategic partners with a leading Canadian staking entity,” stated Tokens.com CEO Andrew Kiguel.

Tokens.com utilizes Proof-of-Stake (PoS) or staking technology that provides users with automated and transparent financial services, such as borrowing and lending, without the need for financial institutions.

“Tokens.com has developed an exciting new way to safely invest in Proof-of-Stake assets,” remarked Figment CEO Lorien Gabel. “We look forward to supporting their growth with our enterprise-grade staking and node infrastructure.”

Launched in 2018, Figment’s mission is to support the adoption, growth, and long-term success of the Web 3 ecosystem. Figment offers staking, middleware, and application layer solutions that make it simple for token holders and developers to invest in and build on Web 3 technologies.