Tagged: figment

Digital Asset Staking Service Provider Figment Secures $50M from Senator Investment Group, Others

August 18, 2021 @ 1:35 pm By Omar Faridi |

The team at Figment is pleased to confirm that during Q2, they secured $50 million from institutional as well as strategic partners in the “largest funding round to date for any staking provider.” As mentioned in the update from Figment: “Led by Senator Investment Group… Read More

Read more in: Blockchain & Digital Assets, Canada | Tagged canada, crypto-assets, digital assets, emil woods, figment, investment round, liberty city ventures, staking, web 3.0

Canadian Firm Figment Explains how Cosmos based Provenance Blockchain Supports Nascent DeFi Ecosystem

July 22, 2021 @ 9:53 pm By Omar Faridi |

Provenance is a Cosmos-powered blockchain whose goal is to create a “vibrant” ecosystem of decentralized financial (DeFi) services for a variety of financial institutions such as asset originators, fund managers, servicers, banks, and investors. The Proof of Stake (PoS) blockchain is “distinguished by three elements:… Read More

Read more in: Blockchain & Digital Assets, Canada, Fintech | Tagged canada, cosmos, distributed ledger technology, dlt, figment, figure, fintech applications, lending, loans, mike cagney, pos, proof of stake, provenance, smart contract, smart contracts