what's Figure Technologies, Inc.?
Figure Technologies is a financial technology company that leverages blockchain to provide lending and capital markets services. Founded in 2018, it operates Figure Markets, a self-custody crypto exchange for buying, selling, and borrowing against digital assets like BTC and ETH. The company developed the Provenance Blockchain, a permissioned ledger designed for enterprise use in recording financial transactions, such as loans and asset registries, to reduce costs and improve efficiency in traditional finance. Provenance underpins Figure's home equity line of credit (HELOC) products and other lending solutions, enabling secure, transparent recording of over $10 billion in loans. Unlike public blockchains optimized for high-volume token trading, Provenance focuses on compliance and interoperability with legacy systems, integrating smart contracts for automated loan origination and servicing. Figure's platform aims to bridge decentralized finance (DeFi) with regulated markets, offering tools for institutional borrowers and investors.
FIGR token reached an all-time high price of $49.80.
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x.com/figurecompanyFIGR token reached an all-time high price of $49.80.
Launches RWA consortium with LINK-RAY and additional partners.
Token rises +18% on strong earnings growth as the company takes profitable HELOC market share through Provenance-enabled cost savings.
SEC-registered yield-bearing stablecoin $YLDS expands to Solana blockchain, backed by U.S. Treasuries with fiat on/off ramps and continuous yield.
Subsidiary Figure Certificate Company launches YLDS on Sui blockchain as first SEC-registered yield-bearing stablecoin with $180M TVL and 4.6-4.8% APY backed by U.S. Treasuries, announces future BlackRock BUIDL atomic swap integration.
Token reports +60% gains since IPO.
Token surges 21% post-IPO as gains continue, with Provenance infrastructure powering lending software for $10B+ loan market.