New York based blockchain infrastructure and staking and application layer solution for token holders and Web3 developers raised $110m in Series C funding led by Thoma Bravo.
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Figment raises $110m in Series C funding
"The majority of our staking revenue comes from our institutional clients, with some earning from retail delegators as well since a lot of our validators are public. We do stake tokens that are on our balance sheet, but it is nowhere near the majority of our revenue," said Clayton Menzel, head of protocols and opportunities at Figment.
