Crypto staking is heating up as Figment, a leading blockchain infrastructure provider, sets ambitious plans for $100 million to $200 million acquisitions—signaling a new phase of consolidation in the digital asset space.
Figment’s Strategic Push Into Global Crypto Markets
Figment has confirmed it is actively scouting acquisition targets—focusing on crypto-native companies with strong regional influence, particularly in Asia and South America. The company’s acquisition strategy zeroes in on projects that hold a commanding presence in major blockchain ecosystems like Cosmos (ATOM) and Solana (SOL). These moves come as crypto staking and DeFi protocols see surging institutional adoption, spurred by renewed market optimism.
Currently, Figment manages approximately $15 billion in staked crypto assets with a workforce of 150 employees. The company’s leadership remains cautious, with no plans to seek external funding or consider buyout offers from larger corporations. Instead, their focus is on acquiring dynamic, smaller crypto providers to expand operational capabilities and regional reach.
“We have term sheets out and are actively engaging with potential acquisition candidates,” stated Lorien Gabel, the firm’s Co-Founder and CEO. Industry experts highlight that such consolidation could strengthen Figment’s infrastructure offerings and provide a competitive edge within an increasingly crowded staking market.
Crypto Acquisitions Hit Record Highs in 2025
Figment’s aggressive acquisition stance mirrors wider trends, as major crypto mergers and buyouts have reached new highs following recent political developments in the United States. According to data from leading fintech advisory firms, total crypto M&A value surpassed $2 billion in the first quarter of 2025, reflecting strong investor appetite and heightened deal activity.
Some standout deals include Ripple (XRP) acquiring crypto broker Hidden Road for $1.25 billion, Kraken’s impressive $1.5 billion purchase of futures trading platform NinjaTrader, and Phantom’s recent acquisition of NFT data provider Simple Hash. These transactions underscore the sector’s drive for innovation and market expansion.
Internal consolidation is likely to accelerate further, especially with U.S. regulators preparing to review Ethereum ETF proposals, potentially opening doors for staking service providers like Figment to broaden their American footprint.
[Kraken acquires NinjaTrader as Q1 2025 revenue jumps 19% year-on-year]
What’s Next for Industry Giants?
Market insiders continue to speculate about ongoing negotiations involving Coinbase and its potential acquisition of Deribit—a top derivatives exchange. Such developments echo Figment’s push, exemplifying how large players are strategically positioning themselves across various blockchain niches and altcoin ecosystems. To learn more about the latest blockchain acquisition trends, check out our in-depth guide on major crypto M&A activity (internal link).
For investors and crypto enthusiasts alike, Figment’s expansion plans could hint at broader opportunities as the market matures. As blockchain platforms, staking tokens, and DeFi projects evolve, consolidation among service providers might become a defining feature of the 2025 crypto landscape.