Coinbase Prime Partner Figment Boosts Staking Capacity as Two Yield ETFs Debut

Figment Expands Coinbase Prime Staking Integration as Institutional Yield Demand Surges

October 28, 2025

Figment has expanded its staking partnership with Coinbase Prime, enabling institutional clients to stake a wider range of Proof-of-Stake (PoS) assets — including Solana, Avalanche, Cosmos, Polkadot, and NEAR — directly within Coinbase’s custody platform.

The move comes as spot crypto exchange-traded funds (ETFs) featuring built-in staking options debut on the New York Stock Exchange this week, signaling a surge in institutional appetite for yield-generating digital assets.

Coinbase Prime, the institutional brokerage division of Coinbase (COIN), first integrated with Figment in early 2024 to support Ethereum (ETH) staking. Since then, the partnership has facilitated more than $2 billion in staked assets, including institutional flows into Grayscale’s ETH exchange-traded product.

By broadening network support, Figment and Coinbase aim to simplify institutional access to staking while maintaining secure custody. Through Coinbase Prime, clients can now manage staking, trading, and financing from a single platform.

“Yield generation through staking has evolved into a fundamental part of institutional crypto strategy,” said Figment CEO Lorien Gabel. “This collaboration enables more enterprises to participate in staking securely and at scale.”

Figment, which oversees over $18 billion in staked assets, said the integration also promotes validator diversity — a crucial factor for network decentralization and long-term security. The company remains one of the largest non-custodial staking providers for Ethereum and Solana globally.

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