Figment Expands Through Strategic Acquisitions

By: cointurk|2025/05/06 17:00:08
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Toronto-based blockchain services provider Figment is actively pursuing acquisitions following a relaxed regulatory environment in the United States. The company plans to engage in agreements ranging from $100 million to $200 million, focusing on firms with a regional presence within robust blockchain ecosystems. Acquisition Initiatives As stated by CEO Lorien Gabel, Figment is in the process of drafting terms for potential deals. The company prioritizes firms that operate within blockchain ecosystems like Cosmos and Solana $ 145 , aligning with the trend of consolidation and strengthening within the sector. US Regulations and Industry Developments The implementation of more favorable regulations in the United States appears to have boosted confidence in financial markets. The U.S. Securities and Exchange Commission ( SEC ) recently concluded several lawsuits, viewed as facilitating the sector’s operations. Market participants anticipate these developments to positively impact investor confidence. In blockchain staking, investors lock their crypto assets to contribute to network security and participate in transaction verifications. Figment assists institutions in generating passive income through this method, managing approximately $15 billion in assets with around 150 employees. Without seeking additional funding, Figment continues to pursue its long-term strategy. CEO Lorien Gabel emphasizes that the company is not for sale, aiming instead for independent growth. Similarly, other major players in the market, such as Kraken and Ripple $ 2 , have also been observed executing significant acquisition moves. These transactions are regarded as important steps in supporting consolidation and strengthening trends within the industry. Financial data indicates that Figment has received a total of $165 million in investments from institutions like Thoma Bravo, Morgan Stanley, StarkWave, and Franklin Templeton India. The company aims to strengthen its operations following the latest Series C funding round. In the future, Figment’s strategic acquisitions and existing financial structure could enable it to remain a key player within the industry. The company’s long-term vision offers investors and followers the opportunity to closely assess market dynamics. Within this framework, current developments could contribute to the anticipated trends of expansion and consolidation within the sector.

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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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