Bhutan moved 320 ETH, worth about $971,000, to the staking service Figment as part of expanding its blockchain participation and digital strategy.

FAQs explain why Ethereum was chosen, estimate staking yields of roughly 3-5% annually (about $27,000-$46,000 per year), Bhutan’s prior crypto activities, and the potential for other governments to follow suit.

Practical takeaways emphasize partnering with reputable service providers, taking a long-term view, and starting with modest investment amounts.

Key risks include regulatory uncertainty, price volatility, security and custody concerns, and operational risks mitigated by using established staking services.

Staking with a professional provider offers passive rewards, risk-adjusted income, and access to custody and infrastructure for large investors, through platforms like Figment.

Figment serves institutional and large investors by enabling staking across multiple networks and awarding rewards for securing proof-of-stake systems.

Bhutan’s push aligns with a broader trend of growing institutional and corporate Bitcoin holdings, highlighting the influence of large holders in the crypto market.

On-chain data tracked by Lookonchain confirms the stake and timing, with the announcement echoed on social media on November 27, 2025.

Industry and policy implications include boosted institutional confidence in Ethereum, potential regulatory clarity, and possible adoption by other governments seeking treasury diversification.

Bhutan's National Digital Identity (NDI) system began migrating to Ethereum in October 2025 and is expected to be fully migrated by early 2026, covering nearly 800,000 inhabitants.

The institutional stake underscores Bhutan’s commitment to professional, compliant, and reliable participation in blockchain at the national level.