{"id":18610,"date":"2025-04-17T16:04:08","date_gmt":"2025-04-17T13:04:08","guid":{"rendered":"https:\/\/www.paribu.com\/blog\/?p=18610"},"modified":"2025-04-17T16:04:08","modified_gmt":"2025-04-17T13:04:08","slug":"paribu-custody-x-figment-unlocking-staking-potential-for-institutional-clients","status":"publish","type":"post","link":"https:\/\/www.paribu.com\/blog\/en\/news\/paribu-custody-x-figment-unlocking-staking-potential-for-institutional-clients\/","title":{"rendered":"Paribu Custody x Figment  Unlocking Staking Potential for Institutional Clients"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Paribu Custody, T&uuml;rkiye&rsquo;s first institutional digital asset custody provider and one of the global standard-setters in the industry, has partnered with <\/span><a href=\"https:\/\/figment.io\/\"><span style=\"font-weight: 400;\">Figment<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">the leading independent staking infrastructure provider<\/span><span style=\"font-weight: 400;\">, to offer advanced staking infrastructure for its institutional clients. This collaboration integrates Paribu Custody&rsquo;s high-security standards with Figment&rsquo;s cutting-edge staking technology, providing a seamless and secure gateway to the digital asset ecosystem.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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).&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&ldquo;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,&rdquo; said Mehmet H&uuml;seyin Kafadar, Director of Paribu Custody. &ldquo;Our mission is to combine innovative technology with exceptional security to help our clients strengthen their position in this dynamic ecosystem.&rdquo;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&ldquo;Collaborating with Paribu Custody on the launch of their staking product is a significant milestone,&rdquo; said Eva Lawrence, Head of EMEA at Figment. &ldquo;As the leading institutional staking provider globally, we are proud to work with the largest custodians in EMEA and beyond. Paribu Custody, as T&uuml;rkiye&rsquo;s first institutional digital asset custodian, shares our commitment to innovation and security, making this partnership a natural fit.&rdquo;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paribu Custody, T&uuml;rkiye&rsquo;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.<\/p>\n","protected":false},"author":1,"featured_media":18611,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"class_list":["post-18610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/18610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/comments?post=18610"}],"version-history":[{"count":0,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/18610\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/media\/18611"}],"wp:attachment":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/media?parent=18610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/categories?post=18610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/tags?post=18610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}