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Solidus Labs Partners With Figment To Revolutionize Institutional ETH Staking

Date 19/06/2024

Solidus Labs, a category-definer in crypto-native security and compliance,  announces today a collaboration with Figment, a leading blockchain infrastructure and staking services provider. This collaboration introduces Staking Guard, a cutting-edge risk mitigation solution explicitly tailored for institutional Ethereum Validators. Staking Guard is now available for all Figment Ethereum clients as a premium opt-in solution.

Powered by the Solidus Builder and Relay, Staking Guard offers robust, high-performance, low-latency protection against legacy compliance risks and native onchain threats. This end-to-end solution builds and delivers compliant blocks through an insulated pipeline, protecting against risks such as sanctioned activity and alerting on market abuse, fraud and manipulation. 

Interested in learning more about staking and block-building? Be the first to dive into Solidus Labs' upcoming staking whitepaper. Pre-order your copy today

"By integrating Solidus' Staking Guard into Figment’s suite of Ethereum relays, we're setting a new gold standard for institutional staking services," said Ben Spiegelman, Head of Corporate Development and Partnerships . "At Figment, we understand the paramount importance of trust, security, and compliance for our clients, who increasingly seek reliable and performant staking rewards. This collaboration not only bridges a crucial market gap but also acts as a potent catalyst for further institutional participation in staking."

Harnessing Solidus' deep expertise and leadership in crypto-native security and compliance, Staking Guard has been designed with leading institutions to meet institutional-grade requirements for a risk-based solution, applying the safeguards necessary for institutional participation. 

"Staking Guard is the natural progression for Solidus’ comprehensive solutions addressing compliance and security risks offchain, onchain, and now - prechain - and we see it as an indispensable enabler for the maturation and sustainable growth of DeFi and Web3”, said Asaf Meir, Solidus Labs’ Founder and Chief Executive. "We are proud to introduce Wall Street-grade security and compliance for staking and supporting Figment in setting a new standard - where compliance meets performance, and security drives success. Upholding optimized censorship-resistant models with an unaltered impact on rewards, Staking Guard ensures comprehensive protection against both legacy compliance and native onchain risks, coupled with powerful reporting tools and audit trail logs for seamless, institutional-grade oversight.