Bhutan Invests $970K in Ethereum via Figment for On-Chain Expansion

The Royal Government of Bhutan has staked a significant sum of ETH, approximately $970,000, through Figment. This move marks the latest step in Bhutan’s expanding crypto holdings and validator activities. The decision comes after the nation began migrating its self-sovereign digital identity system to Ethereum in October, enabling residents to utilize blockchain-based verification for government services.