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BlackRock's Ethereum Staking ETF Selects Figment as Validator Node Service Provider
Deep Tide TechFlow News, on March 16, according to independent staking service provider Figment, BlackRock’s iShares Ethereum Trust ETF (ETHB) was officially listed and traded on NASDAQ on March 12. This is BlackRock’s first ETF product to offer staking yields. Independent staking service provider Figment has been selected to provide validation node infrastructure services for ETHB.
It is reported that Figment currently serves over 1,000 institutional clients, including asset management firms, exchanges, wallets, foundations, custodians, and large token holders. Figment stated that this collaboration was made possible by the recent clarification of regulatory policies, which officially recognize staking as a critical infrastructure. Currently, the Ethereum network’s staking participation rate is at a historic high, and more ETH staked will help improve network security and stability.