CEX and Figment expand institutional staking, supporting PoS assets beyond Ethereum.

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[CEX and Figment Expand Institutional Staking to Support PoS Assets Beyond Ethereum] CEX and institutional staking provider Figment have expanded their partnership, allowing CEX Prime clients to directly stake various PoS assets such as Solana, Avalanche, Sui, and Aptos through CEX custody, which was previously limited to Ethereum. Since the partnership began in 2023, over $2 billion in assets have been staked. CEX Prime provides trading, financing, and accomplice services for institutional investors, covering over 440 digital assets. The total amount of staked assets managed by Figment reaches $18 billion, covering over 40 protocols. This move comes as the U.S. launches multiple staking ETFs, such as the Bitwise Solana Staking ETF (BSOL), and with the SEC confirming that certain liquid staking does not fall under securities trading, institutional staking activities are expected to further expand.

ETH-2.82%
SOL-4.39%
AVAX-4.59%
SUI-5.68%
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