Figment, Ripple Staking Service Expands Institutional Staking

• Ripple Custody and Figment partner to enable banks offer Ethereum and Solana staking, without the need for validator infrastructure.
• Ripple Custody manages custody workflows, while Figment handles non-custodial stakes, validator operations and reporting.

Ripple has selected Figment for institutional crypto staking. This includes large proof-of stake networks such as Ethereum and Solana. The partnership connects the Figment staking technology with Ripple’s Custody, enabling regulated financial institutions to offer institutional crypto staking. staking As part of the existing custody operations.

This partnership will be of interest to banks, custodians and other firms who want to use staking without having their own validator system. Ripple will be responsible for the connectivity and custody layer while Figment is in charge of non-custodial validation operations, including related tools. This is a stated objective to minimize operational tasks while maintaining the governance controls and processes required in enterprise custody.

Big news 🚀@Ripple Custody chose Figment for its enhanced institutional staking.

We’re working together to enable regulated institutions access to secure enterprise-grade stakes across Ethereum and Solana.

Continue reading👇https://t.co/gIhjVc7UD1

— Figment (@Figment_io) February 9, 2026

The word “In its” is a phrase that describes the situation. announcementFigment claims to serve more than 1,000 institutions and operate validators in several networks. Ripple and its partner Figment have both pointed out reporting and operational processes that are designed to give institutions better visibility of their staking and reward activity. Ripple is expanding its institutional products beyond XRP. Private-market estimations recently placed Ripple’s market cap at $1.5 billion. valuation Nearly $50 billion.

The demand for institutional staking is on the rise.

Ben Spiegelman, VP and Head of Partnerships & Corporate Development at Figment, said the integration is meant to deliver “secure, institutional staking” Ripple custodial while keeping the non-custodial model of staking. 

Ripple Custody  Product Lead, Nicolas Tissier de Mallerais, said institutional demand has shifted toward integrating staking rewards into broader digital asset strategies within established security and compliance standards.

On X, the reaction was positive when Ethereum and Solana staking were added to a custody solution used by big firms. The Ripple Mo is one X user. described The partnership is a “huge move,” Add to that “Ripple Custody and Figment” Support “next-level institutional staking” The point was made that enterprise networks require access to multiple networks.

Ripple also built other rails for institutions. A separate update reported Ripple Prime earlier added Hyperliquid support, allowing clients to access on-chain derivatives through one account. Ripple is expanding its products, CNF reported recently. noted‘s XRP Community Day on the 11th and 12th of February will include regulated XRP Products, such as ETFs and ETPS, and wrapped XRP, and other utility-related topics.

The token, however, has not recovered despite Ripple’s developments and failed to break the $1.50 resistance. At the time this article was published, XRP traded at $1.41A 0.7% decline.