- Tetra Trust Company and Figment partner to revolutionize staking services in Canada.
- Tetra gains access to Figment’s staking infrastructure expertise to enhance its custody offerings.
- The partnership democratizes staking services for institutional clients in Canada.
Tetra Trust and Figment have come together in a strategic partnership to revolutionize staking services in Canada. The collaboration aims to democratize access to staking services for institutional clients within the Canadian market.
Background: Tetra Trust Company and Figment’s Expertise
Tetra Trust Company has established itself as the go-to trust company licensed for digital asset custody in Canada. Its reputation for providing secure and reliable custody solutions for digital assets has earned the trust of institutional clients. These are the clients who are seeking a reputable partner for managing their digital assets in a compliant and trustworthy manner.
On the other hand, Figment has built a strong track record as a leading staking infrastructure provider. It is catering to numerous institutional clients globally. Figment has enabled clients to actively participate in blockchain networks and earn rewards on their digital asset holdings through the staking process.
The Nature of the Partnership and Figment’s Comprehensive Staking Services
Through the partnership, Tetra gains access to Figment’s comprehensive staking services, bolstering its existing offerings in the digital asset custody space. Figment’s expertise in staking infrastructure provides Tetra’s institutional clients with an avenue to actively participate in blockchain networks. Users can earn rewards through staking, thereby enhancing the overall value proposition of Tetra’s custody services.
Securing Keys in Canada and Compliant Validators
A key aspect of this partnership is the assurance of trust and compliance within the Canadian regulatory framework. Tetra’s keys, vital for digital asset custody, will be securely located within Canada. Additionally, Figment’s validators, which play a crucial role in the staking process, will be operated within Canada. This will further ensure adherence to regulatory requirements and fostering trust in the staking services provided by Tetra and Figment.
Staking Solutions for Institutional Clients and Added Value
Tetra’s dedication to excellence and innovation in the digital asset custody space aligns perfectly with Figment’s leading blockchain infrastructure solution. Together, they offer institutional clients in Canada a comprehensive package of secure custody and staking services. Institutional clients can actively participate in blockchain networks, delegate their assets for staking, and earn rewards on their digital asset holdings.
Overall, the partnership between Tetra and Figment represents a significant step towards democratizing staking services for institutional clients in Canada. It combines the strengths of both companies to provide secure, compliant, and rewarding staking solutions.