News Explorer — Figure's New Public Equity Network Enables On-Chain Issuance

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Jan 14, 6:48 pm

Coindesk

Figure's New Public Equity Network Enables On-Chain Issuance

Figure, a fintech firm led by SoFi founder Mike Cagney, has launched the On-Chain Public Equity Network (OPEN) for issuing equity directly on the blockchain. This system integrates with Figure's Alternative Trading System (ATS) and allows for trading and borrowing against holdings using DeFi rails.

Figure, a fintech firm led by SoFi founder Mike Cagney, has launched the On-Chain Public Equity Network (OPEN) for issuing equity directly on the blockchain. This system integrates with Figure's Alternative Trading System (ATS) and allows for trading and borrowing against holdings using DeFi rails.

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