Grayscale Integrates Staking for Ethereum and Solana Funds via Figment Partnership
- Grayscale has partnered with Figment to introduce staking features for its Ethereum and Solana investment products.
- The collaboration supports the launch of staking-enabled exchange-traded products and trusts in the US market.
- Figment provides the technical infrastructure, allowing investors to earn staking rewards from both blockchain networks.
- Ethereum transitioned to a proof-of-stake consensus mechanism in 2022, while Solana has used a staking-based system since its inception.
- This partnership highlights growing institutional adoption of staking services in regulated US crypto investment products.
Grayscale’s integration of staking capabilities with Figment allows investors to earn rewards through network validation on both Ethereum and Solana, marking an expansion beyond traditional spot holdings. This reflects increased institutional interest in regulated crypto investment products featuring staking services.
Source (3.2)https://cryptobriefing.com/grayscale-figment-ethereum-solana-staking/?rand=59535
