Anchorage Digital Broadens Institutional Offerings with HYPE Staking via Figment Institutional cryptocurrency custodian Anchorage Digital has expanded its service portfolio by integrating support for HYPE staking. This new capability is made possible through a strategic partnership with Figment, a leading blockchain infrastructure and staking provider. The collaboration is designed to offer regulated, secure, and streamlined staking services to institutional clients interested in the Hyperliquid ecosystem. The integration specifically enables clients of Anchorage Digital to participate in staking HYPE tokens on HyperCORE, which is the native staking layer for the Hyperliquid chain. This move effectively extends the range of decentralized finance, or DeFi, capabilities that Anchorage Digital can offer its clientele, building upon its established core service of secure digital asset custody. Institutions can now engage with the Hyperliquid network in a more direct and participatory manner, potentially earning staking rewards while their assets remain under the qualified custody of Anchorage Digital. For institutional investors, navigating the staking landscape often involves significant complexities, including technical setup, security risks, and compliance concerns. This new offering aims to mitigate these hurdles. By leveraging Figment’s specialized staking infrastructure and Anchorage Digital’s regulated custody framework, institutions can delegate their HYPE tokens for staking without having to manage the underlying validator operations themselves. This provides a hands-off approach that aligns with the operational and security requirements of funds, family offices, and other large-scale investors. The partnership underscores a growing trend of traditional finance infrastructure providers deepening their integration with DeFi protocols and proof-of-stake networks. Anchorage Digital, as a federally chartered digital asset bank in the United States, brings a layer of regulatory clarity and institutional-grade security to the process. Figment contributes its expertise in running secure and reliable staking operations across multiple blockchain networks. Together, they present a unified service that abstracts away the technical complexities, allowing clients to focus on the potential financial benefits of staking. The Hyperliquid network itself is positioned as a high-performance decentralized exchange, or DEX, and Layer 1 blockchain. Staking HYPE tokens is a fundamental activity within its ecosystem, helping to secure the network and process transactions. By facilitating institutional access to this staking mechanism, Anchorage Digital and Figment are potentially contributing to the further decentralization and security of the Hyperliquid chain, while simultaneously providing their clients with a way to put their digital assets to work. This development is part of a broader movement where the lines between traditional custodial services and active participation in blockchain networks are blurring. Custodians are no longer seen as just vaults for storing digital assets, but as gateways to a wider array of crypto-economic activities, including staking and governance. For Anchorage Digital, adding HYPE staking is a logical step in its mission to provide a full suite of financial services for digital assets, all within a compliant and secure environment. It allows their clients to remain agile and capitalize on emerging opportunities in the rapidly evolving digital asset space without compromising on safety or regulatory adherence.
