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Figment Acquires Rated Labs to Bolster Staking Data for Institutional Clients

The acquisition will allow Figment to provide its clients with stronger data tools, including Rated’s Explorer and data APIs.

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💡 DMK Insight

DMK Insight: Figment's acquisition of Rated signifies a strategic move to enhance its data offerings, which could lead to improved client services and insights. This consolidation in the data tools space may set a precedent for other firms looking to bolster their analytics capabilities, ultimately driving competition and innovation in the crypto sector.