Rated Labs Acquired by Figment on October 16, 2025

According to industry media reports, Web3 infrastructure provider Rated Labs was acquired by Figment on October 16, 2025.Rated Labs specializes in Web3 infrastructure, primarily offering Ethereum network explorers, data APIs, and oracle services. Its network explorer enables users to access both current and historical information on Ethereum validator sets. The data API allows Ethereum developers and node operators to build reporting, monitoring, and benchmarking solutions, while the oracle serves as a gateway to bring curated data onto the Ethereum mainnet.Prior to the acquisition, Rated Labs had completed several rounds of financing. Records indicate the company raised $12.89 million in a Series A round on September 27, 2023, following a $2.5 million seed round on September 8, 2022, bringing total funding to $15.39 million.The acquisition by Figment is expected to further strengthen both companies’ competitive positions in the Web3 infrastructure sector and deliver more comprehensive solutions for the Ethereum ecosystem. This merger also underscores a broader industry trend, as Web3 infrastructure providers pursue consolidation to enhance market competitiveness and drive new momentum for sector growth.