BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Firm”), a pacesetter in blockchain infrastructure and know-how, is happy to announce its partnership with Figment Inc. (“Figment”), one of many world’s foremost blockchain infrastructure suppliers, for the launch of its Staker Safety Plan. This resolution is designed to boost transaction inclusion and state preservation, addressing a essential ache level for merchants and end-users who demand larger certainty for his or her high-value and time-sensitive transactions. WonderFi Applied sciences Inc. (TSX: WNDR) (OTCQB: WONDF) (“WonderFi”), a high digital asset firm, will be a part of as Figment’s first buyer within the pilot program.
Partnership and Pilot Program Highlights
This collaboration underscores BTCS and Figment’s shared dedication to advancing the blockchain ecosystem by addressing essential challenges in wider adoption. With WonderFi’s participation, stakers on the WonderFi-owned Bitbuy and Coinsquare platforms would be the first to take pleasure in the advantages of this system. The pilot program is anticipated to go dwell on mainnet in March 2025 in reference to Ethereum’s Pectra replace.
The Staker Safety Plan program is designed to ship key advantages, together with:
Offering end-users with larger confidence that their transactions will likely be included in a specific block.Addressing complexities and heightened dangers of high-value transactions in cross-chain and cross-venue operations, making certain well timed and predictable buying and selling outcomes.Optimizing staking rewards fee (SRR) for stakers by means of improved compliance and efficiency.
Stakers interested by collaborating on this resolution, which is designed to fulfill relevant regulatory necessities and profit from elevated SRR can contact Figment’s buyer success workforce. Finish-users looking for details about transaction execution and enhanced options can attain out to the BTCS workforce for extra data.
Charles Allen, CEO of BTCS, said: “By partnering with Figment and integrating WonderFi as the primary participant, we’re laying a robust basis for staker empowerment and ecosystem progress. This partnership exemplifies our dedication to delivering options that foster income progress and operational excellence.”
Lorien Gabel, CEO of Figment, added: “At Figment, we’re dedicated to driving innovation in blockchain infrastructure to boost the Ethereum ecosystem and enhance adoption. Our partnership with BTCS on this revolutionary resolution demonstrates our dedication to addressing essential challenges in staking operations. By offering options that guarantee equity and improve transaction inclusion, we’re fostering a extra dependable and truthful community for all individuals.”
Dean Skurka, CEO of WonderFi, said: “Collaborating in BTCS’s Staker Safety Plan pilot is a pure extension of our dedication to innovation and progress. We imagine that this program is not going to solely improve our validator operations but additionally enhance income for our shareholders and finally, greater staking rewards to our prospects. We’re excited to be on the forefront of initiatives which have the potential to redefine validator methods.”
About BTCS
BTCS Inc. (Nasdaq: BTCS) is a U.S.-based blockchain infrastructure know-how firm at the moment centered on driving scalable income progress by means of its Ethereum blockchain infrastructure operations. BTCS has honed its experience in Ethereum community operations, notably in block constructing and validator node administration. Its branded block-building operation, Builder+, leverages superior algorithms to optimize block building for on-chain validation, thus maximizing gasoline payment revenues. BTCS additionally helps different blockchain networks by working validator nodes and staking its crypto property throughout a number of proof-of-stake networks, permitting crypto holders to delegate property to BTCS-managed nodes. As well as, the Firm has developed ChainQ, an AI-powered blockchain knowledge analytics platform, which boosts person entry and engagement inside the blockchain ecosystem. Dedicated to innovation and adaptableness, BTCS is strategically positioned to broaden its blockchain operations and infrastructure past Ethereum because the ecosystem evolves. Customers can discover how BTCS is revolutionizing blockchain infrastructure within the public markets by visiting www.btcs.com.
For extra data, customers can observe on:
Twitter: https://x.com/NasdaqBTCS
LinkedIn: https://www.linkedin.com/firm/nasdaq-btcs
Fb: https://www.fb.com/NasdaqBTCS
About Figment
Figment is the main supplier of staking infrastructure. Figment offers the whole staking resolution for over 700 institutional shoppers and $15B in property staked throughout asset managers, exchanges, wallets, foundations, custodians, and banks, to earn rewards on their digital property. For extra data, customers can go to www.figment.io. Partnering with BTCS for the Staker Safety Plan exemplifies Figment’s dedication to innovation within the ecosystem and empowerment of stakers.
About WonderFi
WonderFi is the biggest regulated crypto buying and selling platform in Canada and a worldwide chief in centralized and decentralized monetary companies and merchandise. With over $2.2B in property beneath custody, WonderFi is well-positioned to service crypto individuals on a worldwide scale with buying and selling, funds, and decentralized merchandise, together with purpose-built blockchains and non-custodial pockets functions. Designed to offer traders with diversified funding publicity throughout the worldwide digital asset ecosystem, the Firm has a confirmed observe report of launching new merchandise and acquiring relevant licenses. It’s also the proprietor of market-leading manufacturers, together with Bitbuy, Coinsquare, SmartPay and Tetra Belief. Because the world continues to maneuver on-chain, WonderFi is strategically positioned to seize each market and pockets share by means of ongoing innovation inside the digital asset area.
For extra data, customers can go to www.surprise.fi
Ahead-Trying Statements
Sure statements on this press launch represent “forward-looking statements” inside the which means of the federal securities legal guidelines, together with statements relating to our anticipated launch on mainnet and income progress. Phrases equivalent to “might,” “may,” “will,” “ought to,” “imagine,” “anticipate,” “anticipate,” “estimate,” “proceed,” “predict,” “forecast,” “venture,” “plan,” “intend” or related expressions, or statements relating to intent, perception, or present expectations, are forward-looking statements. Whereas the Firm believes these forward-looking statements are cheap, undue reliance shouldn’t be positioned on any such forward-looking statements, that are based mostly on data out there to us on the date of this launch. These forward-looking statements are based mostly upon assumptions and are topic to varied dangers and uncertainties, together with with out limitation regulatory points, sudden points with the Staker Safety Plan and launch in addition to points with Ethereum’s deliberate Pectra replace, in addition to dangers set forth within the Firm’s filings with the Securities and Alternate Fee together with its Type 10-Ok for the yr ended December 31, 2023, which was filed on March 21, 2024. Thus, precise outcomes could possibly be materially completely different. The Firm expressly disclaims any obligation to replace or alter statements, whether or not because of new data, future occasions, or in any other case, besides as required by regulation.
BTCS Investor Relations:
Charles Allen – CEO
X (previously Twitter): @Charles_BTCS
E-mail: [email protected]
Figment Contact:
E-mail: [email protected]
WonderFi Investor Relations:
Charlie Aikenhead
E-mail: [email protected]
