Lates News

Figure Technology Solutions will issue a tokenized version of its stock on the blockchain this Thursday. The stock token, named FGRD, will be issued, traded, and settled on Figure's blockchain stock and lending platform, Onchain Public Equity Network (OPEN), without relying on traditional clearing and custody systems. Stock token holders will be able to participate in lending through Figure's DeFi marketplace. This tokenized stock listing comes as Figure has expanded its secondary public offering to $150 million, with venture capital firm Pantera Capital participating in the transaction.