Figment Expands into Middle East, Amidst Rising | Crypto News

LONDON, June 30, 2025 /PRNewswire/ — Figment, the main unbiased supplier of institutional staking infrastructure, is deepening its presence within the Middle East as digital asset adoption accelerates throughout the area. 

As half of this growth, Figment has appointed Christoph Richter as its first Head of Business Development within the Middle East and introduced a key partnership with UAE-based custody supplier Tungsten, a trusted title in institutional digital asset providers. This collaboration leverages Tungsten’s well-established industry place and present licensing within the Abu Dhabi Global Market (ADGM), enabling them to offer enhanced, non-custodial staking choices to shoppers through Figment’s infrastructure. 

The transfer marks a main step in increasing compliant staking entry throughout the UAE and the broader MENA area and Christoph will likely be Figment’s first on-the-ground rent within the area.

“Staking can be understood as earning the risk-free rate on proof-of-stake networks like ETH and SOL,” stated Christoph Richter. “With inflation beating rewards and rising institutional digital asset allocations, staking is becoming a core strategy – and the MENA region is ready.”

A Strategic Regional Push

Figment’s formal entry into the area is pushed by growing demand for compliant, reward-generating options aligned with long-term digital asset investment methods.

“The Middle East is uniquely positioned to benefit from institutional staking,” stated Eva Lawrence, Figment’s Head of EMEA & Regional MD. “With Christoph’s deep background in traditional finance and digital assets, he’s perfectly placed to lead our growth in this high-potential market.”

Christoph will lead business development and strategic partnerships, reporting to Eva Lawrence, the Head of EMEA. He brings almost twenty 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 coming into the digital asset industry in 2017, he has suggested top-tier companies and co-founded the proprietary BTC and ETH trading enterprise Vol Capital, building market impartial quantitative investment methods.

Christoph brings a wealth of expertise of engaged on main infrastructure Public Private Partnerships transactions throughout the Middle East, notably in Saudi, building sturdy ties to the area’s main gamers and capital markets. Now primarily based within the UAE and fluent in 5 languages, he brings a actually international perspective to Figment’s regional growth.

Continued Global Investment, Local Leadership

This transfer builds on Figment’s international growth throughout EMEA, the Americas, and APAC, reflecting elevated institutional demand for secure 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 offers the whole staking resolution 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 providers from Figment embrace seamless point-and-click staking, portfolio reward monitoring, API integrations, audited infrastructure, and slashing safety. This all leads Figment’s mission to help the adoption, growth, and long-term success of the digital asset ecosystem. To be taught more about Figment, please go to figment.io.

View authentic content material:https://www.prnewswire.co.uk/news-releases/figment-expands-into-middle-east-amidst-rising-institutional-demand-for-digital-assets-302493344.html

Featured Image: depositphotos @ Syda_Productions

Disclaimer