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NTT Digital and Figment Announce their Initiatives to Drive Web3 Innovation
In a move designed to accelerate the global adoption of blockchain technology, NTT Digital Inc. and Figment have announced a collaborative effort to promote innovation in the Web3 space. This strategic partnership aims to strengthen NTT Digital’s validator business while harnessing Figment’s expertise in staking infrastructure.
As a subsidiary of NTT DOCOMO GLOBAL INC., NTT Digital is committed to fostering an environment where individuals and companies can easily and safely utilize blockchain technology for societal implementation. By leveraging its global reach, the company seeks to create cutting-edge digital technologies that positively impact society.
NTT Digital’s collaboration with Figment underscores the latter’s commitment to supporting the growth, success, and long-term viability of the digital asset ecosystem. With a strong track record of providing seamless staking solutions to institutional clients and $15 billion in assets staked across various entities, Figment has cemented its position as a leading independent provider of staking infrastructure.
The partnership will see NTT Digital harness Figment’s expertise in institutional staking services, including point-and-click staking, portfolio reward tracking, API integrations, audited infrastructure, and slashing protection. This move will enable the company to contribute to the global adoption of blockchain technology while supporting decentralized applications.
Figment VP – Head of Partnerships & Corporate Development, Naoki Tani, Managing Director at NTT Digital, emphasized their commitment to empowering new and existing blockchain networks to enhance their global reach and resilience, driving greater decentralization in the digital asset ecosystem.
According to a statement made by Mr. Tani, “Through this partnership with Figment, we will further strengthen our position as a leader in blockchain solutions, while promoting the development of sustainable and decentralized technologies.”
This partnership has significant implications for the Web3 space. With this collaboration, NTT Digital is poised to create an environment where users can easily and safely utilize blockchain technology.
As such, it is crucial to recognize that NTT Digital is not only a member of the global group but also a key player in fostering innovation within the blockchain ecosystem.
Source: cryptopotato.com
