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Figment raises $110 million in middle of crypto staking boom

Staking provider Figment has raised $110 million in a Series C funding round, with a $1.4 billion post-money valuation. This comes at a time when crypto staking firms are raking in the cash, due to the boom in prices for staking-based coins. The funding round was led by private equity firm Thoma Bravo, which manages more than $91 billion in assets and has started building a growth investing business aimed at crypto and fintech. Other participants include Morgan Stanley’s Counterpoint …