05 Nov 2025

"Figment Acquires Rated Labs with Legal Counsel from UK Team"

"Figment, a leading blockchain staking infrastructure provider, has acquired Rated Labs, a staking and validator analytics business. The deal was advised by a UK legal team led by Philip Shepherd, with contributions from experts across corporate, tax, incentives, IP, employment, immigration, pensions, competition, and regulatory practices."

Law firms participated in the transaction advising Figment and Rated Labs. Figment was assisted by a team from the UK counsel led by Philip Shepherd (Partner), while Rated Labs was advised by its respective legal representatives. The transaction involved Figment's acquisition of Rated Labs, a business specializing in staking and validator analytics. Figment is recognized as a leading provider of blockchain staking infrastructure, offering comprehensive staking solutions for institutional clients, including asset managers and exchanges. The legal team advising Figment included: - **Corporate**: Philip Shepherd (Partner), Charlotte Whalley (Senior Counsel), Jack Coventry (Senior Associate), Jack Cunningham (Associate), and Dillan Madhani (Associate). - **Tax**: Graham Samuel-Gibbon (Partner), Bridget Winters (Senior Counsel), and Melissa Hale (Associate). - **Incentives**: Claire Matthews (Partner), Katie Lewis (Senior Counsel), and Elliot Michaelson Taylor (Senior Associate). - **IP**: Graham Hann (Partner), Kelly Burke (Senior Counsel), and Margarita Taliadoros (Associate). - **Employment**: Helen Farr (Partner), Mark Rose (Senior Counsel), Joe Burton (Associate), and Liam Hutton (Associate). - **Immigration**: Vikki Wiberg (Senior Counsel). - **Pensions**: Mark Smith (Partner) and Afshan Mallik (Senior Counsel). - **Competition**: Louisa Penny (Senior Counsel). - **Regulatory**: Neil Millar (Senior Associate).
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