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#1735 by ARRCanadafigment.io ↗

Figment

Figment sells non-custodial institutional staking infrastructure, including APIs, a staking app and rewards reporting, for 40+ proof-of-stake blockchains. Clients are asset managers, exchanges and custodians.

ARR
$100M revenue (est.)
as of Oct 2026
Employees
175
as of Oct 2026
Valuation
$1.4B
14× ARR
ARR / employee
$571K
revenue efficiency
About Figment

Figment is a Toronto-based blockchain staking company, not an AI company. It runs validators and offers a staking app, APIs, white-label staking, restaking and slashing-coverage options to institutions such as asset managers, exchanges, wallets and custodians. It earns recurring service fees taken from staking rewards. It was founded in 2018 and has raised about $165M in total. Its $110M Series C in 2021, led by Thoma Bravo, valued it at $1.4B. It managed about $15B in staked assets with roughly 150 employees in 2025, and a data aggregator estimated about 179 employees in May 2026.

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