Staking infrastructure provider Figment forms UK entity to advance global expansion plans

According to official news, staking infrastructure provider Figment has announced the establishment of a British entity “Figment Europe Limited” to further advance its global expansion plans. Figment has previously had a presence in the region, and the establishment of the UK entity, as well as its expansion into Asia Pacific last year, was in response to customer demand. According to reports, Figment established entities in the UK for three reasons: - Strengthen the company's presence in the UK and European markets and provide customers with a regional entity; -Offer customers the option to stake on its Ethereum validator infrastructure in Ireland; -Foster regional partnerships to provide more ways for customers to stake via the Figment validator. It is reported that Figment provides services to more than 250 institutional clients, including asset management companies, exchanges, custody companies and wallet providers. At the end of 2021, Figment completed a $110 million Series C funding round, accelerating the company’s growth in the EMEA and APAC regions.