TechFlow news, May 6 — According to Bloomberg, cryptocurrency staking service provider Figment is actively seeking acquisition opportunities, targeting deals valued between $100 million and $200 million. CEO Lorien Gabel revealed that acquisitions will primarily focus on projects with strong positions in specific regions or blockchain ecosystems, and the company has already submitted multiple letters of intent. Figment currently manages approximately $15 billion in staked assets and aims to expand its business further following the expected approval of Ethereum staking ETFs in the U.S. This move marks the latest development amid a wave of industry consolidation driven by Trump's pro-crypto policies.
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