- Ripple partners with Figment to allow banks the ability to stake Ethereum or Solana without having validator infrastructure in place.
- Ripple Custody manages custody workflows, while Figment handles non-custodial stakes, validator operations and reporting.
Ripple custody has chosen 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 combines the Figment staking platform with the Ripple custody platform to enable regulated institutions provide crypto staking services. staking As part of current custody operations.
This partnership will be of interest to banks, custodians and other firms who want staking capabilities without having to operate validator systems themselves. 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 selected Figment as a tool to enhance its institution staking strategies.
Together we enable institutions to gain access to enterprise-grade, secure staking on networks such as Ethereum and Solana.
Click here to read more👇https://t.co/gIhjVc7UD1
— Figment (@Figment_io) February 9, 2026
The word “In its” is a phrase that describes the situation. announcementFigment has said that it services more than 1000 institutional clients, and runs validators on several networks. Ripple/Figment both pointed out reporting and operating procedures designed to give institutions better visibility of stake activity and rewards. 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 custody while maintaining a non-custodial stake model.Â
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” It was noted that multiple networks can be accessed with enterprise-grade security.
Ripple also built other rails for institutions. Separately, Ripple released an update. reported Ripple prime added Hyperliquid earlier this year, allowing clients to access on-chain derivatives through one single 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.
But despite Ripple’s development, tokens have failed to recover, after not breaching the $1.50 resistance. XRP was currently trading at $1.41A 0.7% decline.
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Source: crypto-news-flash.com
