Figment, a leading institutional staking provider, has been selected as the primary partner for 3iQ’s newly launched Solana Staking ETF (TSX: SOLQ), marking a significant milestone in North American cryptocurrency exchange-traded products. This all-Canadian collaboration combines 3iQ’s expertise in asset management with Figment’s robust and reliable staking infrastructure. The ETF, listed on the Toronto Stock Exchange, delivers native yield directly from the Solana blockchain by integrating Proof-of-Stake rewards into its investment strategy. Figment’s success is highlighted by over $15 billion in digital assets securely held across more than 40 protocols with a flawless record of no double-signing slashing incidents, demonstrating its commitment to security and reliability. Figment’s dedicated Solana team has engineered a custom staking system that optimizes validator output and maximizes returns on the blockchain. This technical sophistication makes them ideal partners for an ETF aiming to provide wider access to blockchain-based income streams for traditional investors. The launch of this innovative product was championed by 3iQ President and CEO Pascal St-Jean, who emphasized their commitment to innovation, following the successful introduction of the world’s first Ether Staking ETF in 2023. The CEO of Figment, Lorien Gabel, highlighted the partnership as a significant step toward mainstream adoption of Proof-of-Stake assets. Bybit has also stepped into the staking game, launching a BTC staking campaign through its Web3 platform. Users can stake BTC directly via their Seed Phrase Wallet to earn up to 5% APY from April 11 to May 9 in collaboration with Lombard Finance—the team behind LBTC. In addition to these developments, DeFi Planet continues to provide relevant updates and analysis on the evolving crypto landscape.