• The partnership between Figment and Bitvavo highlights the rising significance of staking companies within the crypto trade.
• By combining their experience and assets, each corporations goal to develop new alternatives and enhance the general person expertise.
• With Bitvavo's intensive attain and Figment's confirmed monitor report in staking infrastructure, this partnership is poised to reshape the staking companies panorama in Europe.

Netherlands-based cryptocurrency alternate Bitvavo plans to strengthen its staking companies throughout Europe via a strategic partnership with institutional staking platform Figment.

With a person base of over 1.5 million individuals within the Benelux area, Bitvavo goals to enhance its companies by leveraging Figment's experience and infrastructure to supply enhanced staking capabilities to its clients.

Increasing staking companies with Figment

The partnership between Figment and Bitvavo represents a strategic transfer in the direction of offering extra safety measures and increasing staking alternatives.

Bitvavo CEO Mark Nuvelstijn emphasised the significance of staking within the crypto world, recognizing it as an important service for his firm's huge person base.

By collaborating with Figment, a distinguished participant in staking infrastructure, Bitvavo goals to strengthen the safety and reliability of its staking companies. Figment's complete market data and monitor report positions us as a beneficial accomplice on this effort.

Leveraging Figment's institutional-grade infrastructure, the Netherlands-based cryptocurrency alternate stakes person property throughout a number of proof-of-stake protocols, together with Ethereum, Solana, and the NEAR protocol.

Bitvavo’s European growth

Bitvavo's growth into Europe has been characterised by regular progress and regulatory compliance.

After receiving regulatory approval to function in Austria, Bitvavo efficiently launched in Italy in 2022.

Moreover, current approval from France's Monetary Markets Authority (AMF) permits Bitvavo to increase its companies to customers in France.

These expansions are in step with Bitvavo's dedication to offering accessible and compliant cryptocurrency companies throughout Europe.