According to reports from Wu, the crypto staking service provider Figment is seeking acquisition projects in the range of $100 million to $200 million, targeting projects with a dominant position on chains such as Cosmos and Solana, or those deeply engaged in markets in Asia and South America. CEO Lorien Gabel stated that multiple letters of intent have been issued. Figment currently manages approximately $15 billion in staked assets and hopes to further expand its business after the approval of Ethereum staking ETFs in the U.S.