Figment Bolsters Presence With Key Acquisitions

By: en bitcoinhaber net|2025/05/06 17:00:08
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Toronto-based Figment, a prominent provider of blockchain services, is making strategic moves in the market by pursuing acquisitions in a climate of easing U.S. regulations. These acquisition efforts, amounting to investments between $100 million and $200 million, target companies established within burgeoning blockchain ecosystems. What Drives Figment’s Acquisition Strategy? The company’s CEO, Lorien Gabel, reveals that Figment is actively developing agreements with potential partners. The focus is on businesses operating within robust blockchain communities like Cosmos and Solana , fostering a trend towards industry consolidation. How Are U.S. Regulations Influencing the Market? The regulatory landscape in the United States is shifting towards a more amicable environment, benefiting the blockchain sector. Recent legal resolutions by the U.S. Securities and Exchange Commission have generated optimism among market players, potentially lifting investor morale. In the realm of blockchain staking, where crypto assets are locked to maintain network security, Figment plays a crucial role. The company aids institutions in earning passive income through this process, overseeing $15 billion in assets with a workforce of around 150. Commitment to independence is a cornerstone of Figment’s strategy, as indicated by CEO Gabel’s assurance that the company is not seeking external investment or acquisition but rather wants to expand autonomously. Meanwhile, leading industry competitors like Kraken and Ripple are similarly investing in acquisitions, understood to further consolidation within the industry and part of a broader trend of strengthening market positions. Key financial input for Figment includes $165 million sourced from financial entities such as Thoma Bravo, Morgan Stanley, StarkWave, and Franklin Templeton India. This facilitates operational reinforcement following their Series C funding round. The strategic maneuvers undertaken by Figment place it in a substantial position to remain pivotal in the evolving blockchain scene. By navigating the current financial and operational landscape wisely, Figment anticipates potential growth and strengthening in the crypto services industry.

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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