Figment Brings Managed Validator Services to Select Institutions on Arc

Figment, the largest non-custodial provider of staking infrastructure, has announced that it is offering Managed Validator Services to select institutions on Arc, a new open L1 blockchain.

The services will allow institutions to participate as validators without having to set up and operate their own infrastructure in-house. Figment has been operating on Arc since testnet and its validator infrastructure meets Circle's eligibility, security, and compliance standards for the network's permissioned validator set.

Josh Deems, Head of Revenue at Figment, said, 'Arc was built for the activity institutions care about: settlement, stablecoin payments, and tokenization. Public mainnet launch is a huge milestone.'