BTCS Inc. (Nasdaq: BTCS), a blockchain infrastructure leader, has partnered with Figment Inc., a top blockchain staking provider, to introduce the Staker Protection Plan, designed to enhance transaction inclusion and security for high-value transactions. WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF), a major digital asset platform, will be the first participant in the pilot program, launching in March 2025 alongside Ethereum’s Pectra update.
The initiative aims to boost transaction certainty, mitigate risks in cross-chain operations, and optimize staking rewards for users on WonderFi-owned platforms like Bitbuy and Coinsquare. The program ensures regulatory compliance while improving staking reward rates (SRR). Figment invites stakers to join for enhanced security, while BTCS offers transaction execution insights.
BTCS CEO Charles Allen emphasized the partnership’s role in strengthening blockchain adoption and revenue growth. Figment CEO Lorien Gabel highlighted the company’s commitment to solving staking challenges and improving transaction fairness. WonderFi CEO Dean Skurka expressed confidence that the initiative would increase validator efficiency and revenue, benefiting both shareholders and customers.
BTCS operates blockchain infrastructure, particularly in Ethereum staking, validator management, and block-building through its Builder+ platform. The company also offers ChainQ, an AI-powered blockchain analytics tool, and actively stakes crypto assets across multiple networks.
Figment manages staking infrastructure for over 700 institutional clients with $15 billion in staked assets. WonderFi, Canada’s largest regulated crypto trading platform, holds over $2.2 billion in assets and owns brands like Bitbuy, Coinsquare, SmartPay, and Tetra Trust.
Comment 0