- 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 custody has selected Figment as its partner to introduce institutional crypto staking. The service will be available on Ethereum, Solana and other large Proof-of-Stake networks. This partnership links Figment’s staking platform with the Ripple custody platform. It allows regulated institutions provide services using the Ripple platform. staking As part of the existing custody operations.
This partnership will be of interest to banks, custodians and other firms regulated by the government that wish to use staking functions without having their own validator system. Ripple custody will handle the security and connectivity, and Figment provides non-custodial validater operations as well as 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 selected Figment as a tool to enhance its institution staking strategies.
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
Its announcementFigment claims to serve more than 1,000 institutions and operate validators in several networks. Ripple, Figment and other companies have also developed reporting and operating procedures to give institutions a clearer view of staking activities and rewards. Ripple has been expanding the institutional product line beyond XRP after recent private market estimates placed Ripple’s value at approximately $600 million. valuation Nearly $50 billion.
Ripple Custody – Institutional stake demand on the increase
Ben Spiegelman, VP and Head of Partnerships & Corporate Development at Figment, said the integration is meant to deliver “secure, institutional staking” Ripple custody while maintaining a non-custodial stake model.
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.
The reaction on X has been positive to the inclusion of Ethereum and Solana staking in a custody service used by large companies. The Ripple Mo is one X user. described The partnership is a “huge move,” Add that “Ripple Custody and Figment” Support “next-level institutional staking” The point was made that enterprise networks require access to multiple networks.
Ripple is also building institutional rails. A separate update reported Ripple prime added Hyperliquid earlier this year, giving customers access to derivatives on the chain through one account. Ripple has also expanded its product line, according to CNF. notedXRP Community Day Sessions on 11-12 February, will focus on regulated XRP-based products including ETFs, ETPs as well as wrapped XRP.
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.
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Source: crypto-news-flash.com
