Figment, a crypto-staking firm, recently raised $110M in a Series C funding round led by Thoma Bravo with additional investors Morgan Stanley’s Counterpoint Global, ParaFi Capital, Avon Ventures and crypto exchanges Binance, Bitstamp, and Binance.US. The Series C funding will aid the company in adding support for staking across more proof-of-stake blockchains and building out its development team. The raise comes as funding for staking firms continues to grow due to an increase in pricing for staking-based coins.
Thoma Bravo leads $110 million funding for Figment at $1.4 billion valuation
