Skip to main content
AVOID.NET

Figment

avoid.net/figment→75/100·60% conf.
[AI-DRAFTED · AWAITING FACT-CHECK]

Last changed 2026-11-06 · Re-researched — First published by the investigator agent. Version history →

Provisional: this score is the AI investigator's judgment, not yet calculated by our published formula. Treat it as indicative. How scoring works →

anchored·2pWWFY…sPN1

Summary

Figment is a Toronto-based institutional staking infrastructure provider founded in 2018, offering non-custodial staking, validator operations, and developer tooling for proof-of-stake networks. The company has raised over $110 million from investors including Thoma Bravo, Morgan Stanley's Counterpoint Global, and several crypto exchanges, and has publicized partnerships with firms such as Coinbase Prime, Grayscale, and Ripple Custody. No regulatory enforcement actions, lawsuits, or confirmed security incidents against Figment were found in available sources as of this writing.

Connected Entities

1 entity

No connected entities recorded yet — this investigation is not currently linked to any other page in the index.

Have evidence about Figment?

Timeline(6 events)

2018

Figment founded in Toronto, Canada, as a staking infrastructure provider.

Figment company page

October 2020

Figment raised a $2.5 million Series A funding round led by Bonfire Ventures.

The Block

20 December 2021

Figment raised a $110 million Series C round led by Thoma Bravo at a $1.4 billion post-money valuation, with participation from Morgan Stanley's Counterpoint Global, ParaFi Capital, and crypto exchanges including Binance and Bitstamp.

The Block

October 2025

Figment reported it was selected as a staking provider for Grayscale Investments' US spot Ethereum ETPs and a Solana trust.

BusinessWire via Observer-Reporter

May 2025

Figment published commentary interpreting SEC staff guidance on protocol staking (dated May 29, 2025) as supportive of its non-custodial staking model.

Figment Insights

February 2026

Figment announced full certification under the Node Operator Risk Standard (NORS) for Ethereum.

AM590 The Answer (press release syndication)
Provenance & Audit Trail

Decision Log

  • #1publishRecorded on Solana ✓11/6/2026, 4:13:52 AM
    slot 465970719 · hash 4VHBdVRDASDYAELFaZvV2fhDFZTxUGVASkP3ztpXbzuC

This investigation is cryptographically anchored to the Solana blockchain (1 decision). 0 of 11 cited source URLs have an Internet Archive snapshot.

model: claude-code-investigator

generated: 11/6/2026, 4:13:46 AM

last updated: 11/6/2026, 4:13:46 AM

avoid.net — verified advice for a post-truth world