Leading Staking Provider to Power Innovative 3iQ Solana Staking ETF (TSX: SOLQ), on Toronto Stock Exchange, a North American First
TORONTO–(BUSINESS WIRE)–$SOLQ #SOL—Figment, the leading independent institutional staking provider, has been selected as the primary staking provider for 3iQ Corp.’s groundbreaking Solana Staking ETF (TSX: SOLQ), launching on the Toronto Stock Exchange (TSX: SOLQ). SOLQ is the first North American Solana exchange-traded product to directly incorporate Proof-of-Stake rewards from the Solana protocol into its investment strategy.
This landmark all-Canadian collaboration brings together Figment’s institutional-grade staking infrastructure with 3iQ’s digital asset management expertise. As one of Solana’s genesis validators and a leading infrastructure provider in the ecosystem, Figment brings unparalleled technical expertise and a proven track record of secure, reliable staking operations.
Figment’s dedicated Solana product and protocol teams have developed sophisticated staking solutions that optimize validator performance and maximize rewards generation. With over $15 billion in assets staked across more than 40 protocols, Figment has never experienced a double-signing slashing event. Figment’s institutional-grade infrastructure and security measures make it the trusted choice for this pioneering ETF product.
Pascal St-Jean, President and CEO of 3iQ added: “At 3iQ, we are proud to continue our tradition of innovation by launching one of the world’s first Solana staking ETFs. This product builds off 3iQ’s world-first Ether Staking ETF launched in 2023 in providing secure, regulated access to native yield from digital assets. We are delighted to introduce this product in partnership with Figment, a proven leader in institutional staking infrastructure. This collaboration allows us to build on our reputation as being the first to launch ground-breaking investment products and reinforces our commitment to aligning with top-tier partners who share our vision for unlocking the full value of the digital asset ecosystem.”
Lorien Gabel, CEO and Co-founder of Figment, added: “As a genesis validator in the Solana ecosystem, Figment is uniquely positioned to power this groundbreaking ETF. By combining institutional-grade staking infrastructure with traditional investment vehicles, we’re making sustainable staking yields accessible to a new class of investors.”
The partnership showcases the maturation of Proof-of-Stake assets’ place within an institutional investment vehicle, with Figment’s enterprise-grade staking infrastructure and deep protocol expertise enabling seamless access to Solana network rewards through familiar investment products.
About Figment
Figment is the leading independent provider of staking infrastructure. Figment provides the complete staking solution for over 700 institutional clients and $15B in assets staked across asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets. On Ethereum and Solana, Figment is the largest non-custodial staking provider of staked ETH and SOL. Institutional staking services from Figment include seamless point-and-click staking, portfolio reward tracking, API integrations, audited infrastructure, and slashing protection. This all leads Figment’s mission to support the adoption, growth, and long-term success of the digital asset ecosystem. To learn more about Figment, please visit figment.io.
About 3iQ Corp.
Founded in 2012, 3iQ is one of the world’s leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world’s first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin ETP listed on a major global stock exchange, the 3iQ Bitcoin ETF (TSX: BTCQ) (TSX: BTCQ.U) and offers other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit 3iq.io.
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Contacts
Media Contact for Figment
Karla Vilhelem
PR Director, Market Waves
karla@marketwaves.co
(754) 215-4315
press@figment.io
