Bitbank Selects Figment to Power Crypto Staking Infrastructure in Japan
Japanese cryptocurrency exchange Bitbank has partnered with institutional staking provider Figment to power its domestic staking service, allowing Japanese customers to generate yield on exchange-held digital assets without maintaining independent validator infrastructure.
Bitbank, an ISMS-certified operator registered with local regulators, selected Figment following a due diligence review of its security, compliance, and operational standards. Figment holds Full NORS Certification for Ethereum, SOC 2 Type II, and ISO 27001 certifications, and accounts for approximately 6% of total staked Ethereum globally.
The deal underscores expanding institutional deployment in Japan following recent regulatory developments, enabling compliant digital asset yield strategies. Figment established its local subsidiary, Figment Japan G.K., in April 2025 and joined the Japan Cryptoasset Business Association (JCBA) in September 2025 to provide native, local-time support for domestic institutional clients.
Globally, Figment services over 1,500 institutional clients, including asset managers, exchanges, and exchange-traded fund (ETF) providers.
Norbert Gehrke
