Figment Scales Coinbase Prime Staking as 2 ETFs With Yield Launch This Week

Why It Matters

Institutional staking revenue is set to surge as ETFs drive mainstream exposure, and the partnership gives Coinbase a competitive edge in offering secure, scalable custody‑staking solutions, validating staking as a viable asset class for traditional investors.

Summary

Figment announced it will expand its staking services on Coinbase Prime, allowing institutional clients to earn rewards on proof‑of‑stake assets such as Solana and Avalanche in custodial accounts. The rollout coincides with the launch of two new yield‑focused exchange‑traded funds that will offer exposure to staking returns. Figment’s integration will increase the capacity and reliability of Coinbase Prime’s staking infrastructure, supporting growing demand from ETFs and other institutional investors. The move positions both firms to capture a larger share of the rapidly expanding crypto‑staking market.