Figment,the leading independent provider of institutional staking infrastructure, is deepening its presence in the Middle East as digital asset adoption accelerates across the region.<\/p>\n\n\n\n
Aspartofthisexpansion,Figment has appointed Christoph Richter as its first Head of Business Development in the Middle East and announced a key partnership<\/u><\/a> with UAE<\/a>-based custody provider Tungsten, a trusted name in institutional digital asset services. This collaboration leverages Tungsten\u2019s well-established industry position and existing licensing within the Abu Dhabi Global Market (ADGM), enabling them to offer enhanced, non-custodial staking options to clients via Figment\u2019s infrastructure.<\/p>\n\n\n\n The move marks a major step in expanding compliant staking access across the UAE and the broader MENA region and Christoph will be Figment\u2019s first on-the-ground hire in the region.<\/p>\n\n\n\n \u201cStaking can be understood as earning the risk-free rate on proof-of-stake <\/em>networks like ETH and SOL,\u201dsaidChristophRichter.\u201cWithinflationbeatingrewards and rising institutional digital asset allocations, staking is becomingacorestrategy<\/em><\/p>\n\n\n\n -and the MENA region is ready.\u201d<\/em><\/p>\n\n\n\n Figment\u2019sformalentryintotheregionisdrivenbygrowingdemandforcompliant, reward-generating solutions aligned with long-term digital asset investment strategies.<\/p>\n\n\n\n \u201cThe Middle East is uniquely positioned to benefit from institutional staking,\u201d said <\/em>EvaLawrence,Figment\u2019s Head of EMEA & Regional MD.\u201cWith Christoph\u2019s deep <\/em>background in traditional finance and digital assets, he\u2019s perfectly placed to lead our growth in this high-potential market.\u201d<\/em><\/p>\n\n\n\n Christoph will lead business development and strategic partnerships, reporting to Eva Lawrence, the Head of EMEA. He brings nearly two decades of TradFi derivatives experience, including senior roles at JP Morgan, Barclays, BNP Paribas, and UBS. In his most recent TradFirole, he led derivative solutions for Southern Europe and DACH at MUFG. Since entering the digital asset industry in 2017, he has advised top-tier firms and co-founded the proprietary BTC & ETH trading venture Vol Capital, building market neutral quantitative investment strategies.<\/p>\n\n\n\n Christoph brings a wealth of experience of working on major infrastructure Public Private Partnerships transactions across the Middle East, particularly in Saudi, building strong ties to the region\u2019s major players and capital markets. Now based in the UAE and fluent in five languages, he brings a truly global perspective to Figment\u2019s regional growth.<\/p>\n\n\n\n This move builds on Figment\u2019s global expansion across EMEA, the Americas, and APAC, reflecting increased institutional demand for secure and regulatory-aligned staking solutions and cementing Figment\u2019s leadership as the most trusted institutional staking provider. Christoph\u2019s appointment and the partnership with Tungsten underscore Figment\u2019s commitment to investing in local leadership and strategic infrastructure tailored to the needs of the region.<\/p>\n","protected":false},"excerpt":{"rendered":" Figment,the leading independent provider of institutional staking infrastructure, is deepening its presence in the Middle East as digital asset adoption accelerates across the region. Aspartofthisexpansion,Figment has appointed Christoph Richter as its first Head of Business Development in the Middle East and announced a key partnership with UAE-based custody provider Tungsten, a trusted name in institutional digital […]<\/p>\n","protected":false},"author":2,"featured_media":23939,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-23937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2025\/06\/Press-Image.jpg",900,600,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2025\/06\/Press-Image.jpg",900,600,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2025\/06\/Press-Image.jpg",900,600,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2025\/06\/Press-Image-150x150.jpg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2025\/06\/Press-Image-300x200.jpg",300,200,true],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2025\/06\/Press-Image.jpg",900,600,false],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2025\/06\/Press-Image.jpg",900,600,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2025\/06\/Press-Image.jpg",900,600,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2025\/06\/Press-Image-755x420.jpg",755,420,true],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2025\/06\/Press-Image-100x100.jpg",100,100,true]},"rttpg_author":{"display_name":"Admin CG","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin-cg\/"},"rttpg_comment":0,"rttpg_category":"news<\/a>","rttpg_excerpt":"Figment,the leading independent provider of institutional staking infrastructure, is deepening its presence in the Middle East as digital asset adoption accelerates across the region. Aspartofthisexpansion,Figment has appointed Christoph Richter as its first Head of Business Development in the Middle East and announced a key partnership with UAE-based custody provider Tungsten, a trusted name in institutional digital…","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/23937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=23937"}],"version-history":[{"count":1,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/23937\/revisions"}],"predecessor-version":[{"id":23940,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/23937\/revisions\/23940"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/23939"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=23937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=23937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=23937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}A Strategic Regional Push<\/h1>\n\n\n\n
Continued Global Investment, Local Leadership<\/h1>\n\n\n\n