LONDON, June 30, 2025 /PRNewswire/ — Figment, the main unbiased supplier of institutional staking infrastructure, is deepening its presence within the Center East as digital asset adoption accelerates throughout the area.
As a part of this growth, Figment has appointed Christoph Richter as its first Head of Enterprise Improvement within the Center East and introduced a key partnership with UAE-based custody supplier Tungsten, a trusted title in institutional digital asset companies. This collaboration leverages Tungsten’s well-established trade place and present licensing throughout the Abu Dhabi International Market (ADGM), enabling them to supply enhanced, non-custodial staking choices to shoppers through Figment’s infrastructure.
The transfer marks a significant step in increasing compliant staking entry throughout the UAE and the broader MENA area and Christoph might be Figment’s first on-the-ground rent within the area.
“Staking may be understood as incomes the risk-free fee on proof-of-stake networks like ETH and SOL,” mentioned Christoph Richter. “With inflation beating rewards and rising institutional digital asset allocations, staking is changing into a core technique – and the MENA area is prepared.”
A Strategic Regional Push
Figment’s formal entry into the area is pushed by rising demand for compliant, reward-generating options aligned with long-term digital asset funding methods.
“The Center East is uniquely positioned to profit from institutional staking,” mentioned Eva Lawrence, Figment’s Head of EMEA & Regional MD. “With Christoph’s deep background in conventional finance and digital belongings, he’s completely positioned to guide our progress on this high-potential market.”
Christoph will lead enterprise improvement and strategic partnerships, reporting to Eva Lawrence, the Head of EMEA. He brings practically 20 years of conventional finance (TradFi) derivatives expertise, together with senior roles at JP Morgan, Barclays, BNP Paribas, and UBS. In his most up-to-date TradFi position, he led by-product options for Southern Europe and DACH at MUFG. Since getting into the digital asset trade in 2017, he has suggested top-tier corporations and co-founded the proprietary BTC and ETH buying and selling enterprise Vol Capital, constructing market impartial quantitative funding methods.
Christoph brings a wealth of expertise of engaged on main infrastructure Public Personal Partnerships transactions throughout the Center East, significantly in Saudi, constructing robust ties to the area’s main gamers and capital markets. Now primarily based within the UAE and fluent in 5 languages, he brings a very international perspective to Figment’s regional progress.
Continued International Funding, Native Management
This transfer builds on Figment’s international growth throughout EMEA, the Americas, and APAC, reflecting elevated institutional demand for safe and regulatory-aligned staking options and cementing Figment’s management as probably the most trusted institutional staking supplier. Christoph’s appointment and the partnership with Tungsten underscore Figment’s dedication to investing in native management and strategic infrastructure tailor-made to the wants of the area.
Press Contact
Amy McAllister Byrne: amy@cryptocollective.international
About Figment
Figment is the main unbiased supplier of staking infrastructure. Figment supplies the whole staking answer for over 700 institutional shoppers, together with asset managers, exchanges, wallets, foundations, custodians, and enormous token holders, to earn rewards on their digital belongings. On Ethereum, Figment is the biggest non-custodial staking supplier of staked ETH. Institutional staking companies from Figment embody seamless point-and-click staking, portfolio reward monitoring, API integrations, audited infrastructure, and slashing safety. This all leads Figment’s mission to assist the adoption, progress, and long-term success of the digital asset ecosystem. To study extra about Figment, please go to figment.io.
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