The Good Tech Companies - BTCS Unveils Strategic Partnership With Figment And WonderFi Leading Its Staker Protection Plan

Episode Date: February 18, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/btcs-unveils-strategic-partnership-with-figment-and-wonderfi-leading-its-staker-protection-plan. ... Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #btcs, #chainwire, #press-release, #btcs-announcement, #crypto-staking, #blockchain-development, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. BTCS announces partnership with Figment Inc. for launch of Staker Protection Plan. WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) (“WonderFi”) will join as Figment's first customer in the pilot program. The pilot program is anticipated to go live on mainnet in March 2025 in connection with the Pectra update.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. BTCS unveils strategic partnership with Figment and WonderFi leading its staker protection plan by Chainwire. BTCS Inc. NASDAQ. BTCS, BTCS, or the company, a leader in blockchain infrastructure and technology, is pleased to announce its partnership with figment inc figment one of the world's foremost blockchain infrastructure providers for the launch of its staker protection plan this solution is designed to enhance transaction inclusion and state preservation addressing a critical pain point for traders and end users who demand greater certainty for their high value and time sensitive-sensitive transactions. Wonder Fi Technologies Inc. TSX. Winder, OTCQB. Wand, Wonder Fi, a top digital asset company, will join as Figmans' first
Starting point is 00:00:54 customer in the pilot program. Partnership and pilot program highlights this collaboration underscores BTCS and Figmans' shared commitment to advancing the blockchain ecosystem by addressing critical challenges in wider adoption. With Wonderfee's participation, stakers on the WonderFI-owned Bitbuy and Coinsquare platforms will be the first to enjoy the benefits of the program. The pilot program is anticipated to go live on Mainnet in March 2025 in connection with Ethereum's Pectra update. The staker protection plan program is designed to deliver key benefits, including providing end users with greater confidence that their transactions will be included in a particular block. Addressing complexities and heightened
Starting point is 00:01:34 risks of high-value transactions in cross-chain and cross-venue operations, ensuring timely and predictable trading outcomes. Optimizing staking rewards Rate, SRR, for stakers through improved compliance and performance. Stakers interested in participating in this solution, which is designed to meet applicable regulatory requirements and benefit from increased SRR can contact Figment's customer success team. End-users seeking information about transaction execution and enhanced features can reach out to the BTCS team for more information. Greater than Charles Allen, CEO of BTCS, stated, By partnering with Figment and Greater than integrating WonderFI as the first participant,
Starting point is 00:02:15 we are laying a strong Greater than foundation for staker empowerment and ecosystem growth. This partnership Greater than exemplifies our dedication to delivering solutions that foster revenue growth greater than an operational excellence. https colon slash slash www.youtube.com.embed.k3cort7xr8kq, greater than Lorian Gabel, CEO of Figment, added. At Figment, we are committed to driving greater than innovation in blockchain infrastructure to enhance the Ethereum ecosystem and greater than increase adoption. Our partnership with BTCS on this innovative solution greater than demonstrates our dedication to addressing critical challenges in staking greater than operations. By providing solutions that ensure
Starting point is 00:02:59 fairness and enhance greater than transaction inclusion, we are fostering a more reliable and fair network for greater-than-all participants. Greater-than-Dean Skirka, CEO of WonderFI, stated, Participating in BTCS's Staker Protection Plan pilot is a natural extension of our commitment to innovation greater-than-growth. We believe that this program will not only enhance our validator greater-than-operations but also increase revenue for our shareholders and ultimately, greater than higher staking rewards to our customers. We're excited to be at the forefront greater than of initiatives that have the potential to redefine validator strategies. About BTCS BTCS Inc. NASDAQ. BTCS is a US-based blockchain infrastructure technology company currently focused on driving
Starting point is 00:03:45 scalable revenue growth through its Ethereum blockchain infrastructure operations. BTCS has honed its expertise in Ethereum network operations, particularly in block building and validator node management. Its branded block building operation, BuilderPlus, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and S taking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the company has developed ChainQ, an AI-powered blockchain
Starting point is 00:04:25 data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Users can explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting www.btcs.com. For more information, users can follow on Twitter, https colon slash slash x.com, Nasdaq BTCS LinkedIn, http://www.linkedin.com. Company. NASDAQ BTCS Facebook. http://www.facebook.com. NASDAQ BTC Sabout Figment. Figment is the leading provider of staking infrastructure. Figment provides the complete staking solution for over 700 institutional clients and 15 billion
Starting point is 00:05:25 dollars in assets staked across asset managers exchanges wallets foundations custodians and banks to earn rewards on their digital assets for more information users can visit www figment eo partnering with btcs for the staker protection plan exemplifies Figma's dedication to innovation in the ecosystem and empowerment of stakers. About WonderFi, WonderFI is the largest regulated crypto trading platform in Canada and a global leader in centralized and decentralized financial services and products. With over $2.2 billion assets under custody, WonderFI is well-positioned to service crypto participants on a global scale with trading, payments, and decentralized products, including purpose-built
Starting point is 00:06:10 blockchains and non-custodial wallet applications. Designed to provide investors with diversified investment exposure across the global digital asset ecosystem, the company has a proven track record of launching new products and obtaining applicable licenses. It is also the owner of market-leading brands, including Bitbuy, Coinsquare, SmartPay and TetraTrust. As the world continues to move on-chain, Wonder FI is strategically placed to capture both market and wallet share through ongoing innovation within the digital asset space. For more information, users can visit www.wonder.fi forward-looking statements certain statements in this press release constitute forward-looking statements within the meaning of the federal securities laws, including statements regarding our anticipated
Starting point is 00:06:56 launch on Maynet and revenue growth. Words such as may, might, will, should, believe, expect, anticipate, estimate, continue, predict, forecast, anticipate, estimate, continue, predict, forecast, project, plan, intend, or similar expressions or statements regarding intent, belief, or current expectations are forward-looking statements. While the company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation regulatory issues, unexpected issues with the staker protection plan and launch
Starting point is 00:07:38 as well as issues with Ethereum's planned Pectra update, as well as risks set forth in the company's filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2023, which was filed on March 21, 2024. Thus, actual results could be materially different. The company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events, or otherwise, except as required by law. BTCS Investor Relations Charles Allen, CEO X, formerly Twitter, at Charles underscore BTC Smale. IR at BTCS.
Starting point is 00:08:16 Com Figment Contact Email Marketing at Figment IO Wonder FI Investor Relations Charlie Aikenhead Email Invest at Wonder Fi figment. I owe wonder fi investor relations. Charlie Aiken had email invest at wonder. Fi. Tip this story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story
Starting point is 00:08:36 read by artificial intelligence. Visit HackerNoon.com to read, write, learn and publish.

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