Figment, Has Closed Its $110M Series C WAGMI Round
Figment, a blockchain infrastructure and services provider, announce that they have closed a $110M Series C WAGMI round at a $1.4 billion post-money valuation.
The funding round will allow Figment to accomplish 4 core goals:
- Support More Proof of Stake Blockchains
- Increase Staking Participation
- Scale the Middleware and dApp Development Layers
- Hire More Builders
The future of Web 3 is multi-chain, and Proof of Stake (PoS) blockchains will form the foundation of a better, more inclusive, and user-owned Internet.
Figment support of PoS ecosystems have grown tremendously this year with over 50+ blockchains supported by our enterprise-grade staking and node infrastructure and the platform plans to double that number by the end of next year.
The funding round was led by Thoma Bravo and marks one of their first investments in Web 3, with participation from numerous crypto-native institutions, VCs, asset managers, and global organizations.
Additional Participants:
Counterpoint Global (Morgan Stanley), ParaFi Capital, Binance Labs, Mirae Asset, Avon Ventures (a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments), 2TM (MercadoBitcoin.com parent company), Bitstamp, Binance.US, CMS Holdings, Two Sigma, B Capital Group, Franklin Templeton, Standard Investments, Senator, Liberty City Ventures, Bonfire, DTCP, Wicklow, StarkWare, Anchorage Digital, BlockFi, IRONGREY, Voyager, Raptor, Willoughby Capital, AppWorks, Declaration Partners, Warburg Serres, Hof Capital, L1 Digital, Notion, Quiet Capital, Chaos Ventures, Atreides Management, Hazoor, Cobalt, True Equity, and executives at GoldenTree Asset Management.
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