CONCRETE AND FIGMENT PARTNER TO EXPAND INSTITUTIONAL ACCESS ACROSS BTC, XRP
Blueprint Finance, the core developer of the institutional DeFi protocol Concrete, announced a strategic partnership with Figment, the leading independent provider of staking infrastructure. The partnership will expand access to deliver Concrete yield solutions to Figment customers at scale. This partnership will allow assets such as XRP, BTC to be used in a more productive fashion.
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“Staking shouldn’t be the endpoint of institutional participation; it should be the starting point,” said Nic Roberts-Huntley, CEO of Blueprint Finance. “By offering Concrete’s vault architecture to Figment institutional customers, we’re turning passive staking positions into actively managed, yield-producing capital, all without compromising custody or security.”
Figment, which secures over $18 billion in assets under stake, provides SOC 2-compliant and insured1 validator infrastructure. Concrete complements this with its automated strategy layer, allocating capital across risk-managed DeFi and restaking strategies.
The integrated model offers new capabilities for institutional clients:
- XRP holders can delegate, restake, and deploy capital across ecosystems without moving assets from custody.
- BTC holders can access yield strategies without relying on bridges or rehypothecation.
“We’ve seen demand among institutional stakers to earn on assets that are not natively stakeable,” said Danny Gattas, Protocol Business Development Lead, at Figment. “By collaborating with Concrete, we can now enable earning additional rewards while remaining within institutional-grade infrastructure and compliance frameworks.”
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