The Good Tech Companies - BTCS Unveils Strategic Partnership With Figment And WonderFi Leading Its Staker Protection Plan
Episode Date: February 18, 2025This 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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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
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
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,
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
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
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
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
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
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
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
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.
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.
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