Cryptocurrency staking service provider Figment seeks expansion and plans to make acquisitions worth $100 million to $200 million

ChainCatcher news, according to Bloomberg, cryptocurrency staking service provider Figment is actively seeking acquisition opportunities, with target deal sizes between $100 million and $200 million. CEO Lorien Gabel revealed that the acquisitions will primarily focus on projects with a strong position in specific regions or blockchain ecosystems, and multiple letters of intent have been issued. Figment currently manages approximately $15 billion in staked assets and hopes to further expand its business after the approval of Ethereum staking ETFs in the U.S. This move is the latest development in the wave of industry mergers and acquisitions driven by Trump's support for cryptocurrency policies.