Cryptocurrency staking service Figment seeks expansion with $1- $200 million acquisition
2025-05-06 07:24:59
According to Bloomberg, Figment, a cryptocurrency pledge service provider, is actively seeking acquisition opportunities, targeting deals between 100 million and 200 million dollars. CEO Lorien Gabel revealed that acquisitions will mainly focus on projects with a strong position in a specific region or blockchain ecosystem, and multiple letters of intent have been issued. Figment currently manages about $15 billion in pledged assets and hopes to further expand its business after the release of the Ethereum pledge ETF in the United States. The move is the latest move in the industry merger and acquisition wave driven by Trump's support for cryptocurrency policies.
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