Today Figure is partnering with @SuiNetwork to bring YLDS, the first SEC-registered yield-bearing stablecoin, to one of the fastest growing L1s. Regulated DeFi is going mainstream
Few companies get the chance to redefine an industry. That’s what drew me to @Figure. My mandate as CEO was to go public, but the goal is larger: prove blockchain can make capital markets more efficient. Story in @Inc - alongside @mcagney
I learned so much at @brexHQ and am so grateful for the culture they (I helped I hope!) build where they celebrate the success of their alumni. I went back two weeks ago to talk to the team about what we are doing at @Figure and it reminded me how strong the latent bar is there -
The future of brokerage + wealth is onchain. 🌐⚡
📅 Oct 9 → The Onchain Brokerage Summit
100+ C-suite leaders | UBS, Goldman, Morgan Stanley, Robinhood & more
Deep dive into: Stablecoins | Regulation | Tokenization | Embedding Crypto
👉 Be part of the conversation.
Thinking back to one month ago today when $FIGR went public. Incredible day w @NasdaqExchange opening bell alongside @mcagney , our team and partners + families.
Since 2018, we’ve funded $17B in loans and processed $55B in transactions on blockchain. And we’re just getting started.
Figure CEO Michael B. Tannenbaum and co-founder @mcagney share what’s fueled our progress so far 🎙️
Hot off the press -- exclusive post-IPO interview w/ @Figure CEO @MBTannenbaum
Figure has accomplished some pretty remarkable things
- # 1 non-Bank HELOC lender ($10+ billion)
- # 1 tokenizer of real world assets (~75% of all RWAs)
- $8 billion IPO
not bad.
Still there are
Fintech company $FIGR reporting its first quarterly results since going public in September. CEO Michael Tannenbaum shares the highlights:
cnb.cx/3WY23Yp
Had a great chat w @jd_durkin on Cheddar following our IPO. At @Figure, we’re building a durable competitive advantage that sets us apart with real life use cases like housing finance powered by blockchain.
Watch the full interview here:
Figure is bringing $YLDS to @solana, further continuing our broader push to bring real-world assets to DeFi.
$YLDS—a registered public debt security—will mint natively on Solana, making continuous yield backed by U.S. Treasuries available to Solana ecosystem partners.
We’re launching Liquidation Protection, a new feature that helps crypto borrowers stay protected when markets swing.
No margin calls. No forced liquidations due to price movements.
Just peace of mind while your Bitcoin keeps working for you.
Stablecoin is the future of money movement - big milestone for Brex and glad I could be involved. At @Figure we are starting w stablecoin as settlement and servicing rails for loans, but we see huge opportunity across the capital markets for atomic settlement/programmable $
We’re moving payments onchain, so you can move money globally, 24/7.
Brex customers will be able to send money globally in minutes, make payments 24/7, convert USD to USDC with zero fees, manage everything all in one platform, and more.
Interesting article - the double pledging of Tricolor and the accounts receivable issues at First Brands are (1) connected and (2) isolated. They reflect a “trust us” capital market rather than the truth mandated by blockchain. They’re a contractual of why Figure has built so
With the government shutdown affecting small business loans (@SBAgov ), mortgage loans (National Flood Insurance Program), we can see the real life value of blockchain and smart contracts. The shutdown shows our system vulnerability to inefficiency and disruption. Blockchain /