
Figment Partners With Concrete To Offer Institutional Yield Strategies For Non-Stakeable Assets
Blueprint Finance, the core developer of the institutional DeFi protocol Concrete, has announced a strategic partnership with Figment, the leading independent provider of staking infrastructure. The partnership will expand access to deliver Concrete yield solutions to Figment customers at scale, allowing assets such as XRP and BTC to be used in a more productive fashion.
Figment secures over $18 billion in assets under stake and provides SOC 2-compliant and insured validator infrastructure. Concrete complements this with its automated strategy layer, allocating capital across risk-managed DeFi and restaking strategies.
Nic Roberts-Huntley, CEO of Blueprint Finance
Nic Roberts-Huntley, CEO of Blueprint Finance, said:
"Staking shouldn't be the endpoint of institutional participation; it should be the starting point. By offering Concrete's vault architecture to Figment institutional customers, we're turning passive staking positions into actively managed, yield-producing capital, all without compromising custody or security."
The integrated model offers new capabilities for institutional clients. XRP holders can delegate, restake, and deploy capital across ecosystems without moving assets from custody, whilst BTC holders can access yield strategies without relying on bridges or rehypothecation.
Danny Gattas, Protocol Business Development Lead at Figment, said:
"We've seen demand among institutional stakers to earn on assets that are not natively stakeable. By collaborating with Concrete, we can now enable earning additional rewards while remaining within institutional-grade infrastructure and compliance frameworks."
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