Fireblocks Trust Company and Figment announced a new institutional staking capability for NEAR. The structure allows eligible holders to earn staking rewards while assets stay under qualified custody.
SVRN becomes the first listed treasury firm to use the service, marking early institutional adoption of regulated staking infrastructure in digital asset markets across global finance sectors
Source: Figment
NEAR has grown as an AI-native blockchain attracting institutional attention. Capital increasingly targets AI infrastructure exposure. The ecosystem saw momentum after the Bitwise NEAR Staking ETP launch in July 2025.
SVRN positions its treasury strategy around network expansion, relying on qualified custody standards that govern balance sheet assets and staking operations consistently in the institutional governance layer
Also Read: 12 European banks select Fireblocks for MiCA euro stablecoin
Fireblocks Trust Company Enables NEAR Staking Rewards
The NEAR tokens from SVRN are held in qualified custody at Fireblocks Trust Company. Such an arrangement makes use of the Figment validator infrastructure, whereby the staking process earns rewards that go directly into SVRN’s portfolio.
This solution provides a combination of treasury management and network involvement with the added benefits of regulatory compliance and institution-level security for balance sheet assets.
Figment operates a validator network backbone for more than 1,500 clients all around the world. It strictly adheres to the standards like OFAC, SOC 2 Type II, and ISO 27001.
Figment’s network is spread across different digital asset networks, offering secure staking solutions for asset managers, exchanges, custodians, and foundations. SVRN aims at sustained growth in NEAR staking.
Fireblocks Trust Expands Institutional Crypto Custody
Fireblocks Trust Company is a limited purpose trust that has been chartered by the New York State Department of Financial Services.
Leveraging the solid security structure provided by Fireblocks, the platform protects trillions of dollars in digital asset transactions using multiple blockchains. Working with Figment, this partnership delivers regulatory compliance in the form of staking services for institutional players.
Industry analysts have observed that there is increasing interest in institutional staking due to the search for regulated yields by crypto asset treasuries.
There has been an influx of capital into the NEAR protocol ecosystem because of the alignment with the AI infrastructure. This is evident from the partnerships established by the NEAR Protocol with Fireblocks, Figment, and SVRN.
In conclusion, this development might increase institutional interest in NEAR because it would allow staking that is compliant with custody. Trust in yield production will be restored, and there might also be increased liquidity and price stability in AI-related blockchain assets.
Also Read: Fireblocks Launches Stablecoin Yield Tool for Institutional Clients
