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Crypto
Royal Government of Bhutan Stakes 320 ETH via Figment
11/27/2025, 12:05
11/27/2025, 13:06
AI SUMMARY
●Bhutan Government stakes 320 ETH (~$971k) via Figment provider
●Transaction highlights continued state-level crypto participation
●Adds to the nation's growing portfolio of on-chain digital asset activities
On-chain data reveals that the Royal Government of Bhutan has staked 320 ETH, valued at approximately $970,000 to $971,000, to the Ethereum 2.0 network through Figment.
This move highlights continued state-level participation in crypto asset staking and accumulation by the Bhutanese government. This transaction adds to the nation's existing portfolio of digital asset activities and reinforces the growing trend of nation-states managing and utilizing cryptocurrency holdings directly on-chain.
[Update 1] Additional monitoring confirms the transaction details, valuing the stake at approximately $971,000 at current market prices.