Building the future of capital markets on blockchain | Figure Technologies Solutions, Inc. is responsible for this page | Proudly built on @provenancefdn
New York, NY
Joined July 2018
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Figure retweeted
$6T by KKR's math. Upwards of $20T by Apollo's.
That's the asset-based finance market, and Figure co-founder Mike Cagney says the whole thing belongs onchain:
"That whole market should run on blockchain. Like, bar none"
Today DeFi has "a couple of billion of stablecoin liquidity"
His take for credit funds: they'd "be crazy not to be looking at blockchain and DeFi as a way to beat my competitor set, because they're not there"
FT @mcagney @Figure @BitcoinJesusETH
Figure retweeted
The CFTC says single-stock perps can trade in the US - on venues registered with both the CFTC and the SEC for security futures. Dual registration is a high bar, but more relevant - what makes perps dominate crypto - 100X leverage - is not coming onshore. What arrives will look more like a regulated futures product. Probably the point.
Even more importantly, I think security prediction markets will beat perps, so this all might be moot.
Figure retweeted
Ep. 03 of Conviction with @Solofunk is live.
Our guest is @reidlikeabook, President, Digital Assets at @Figure.
His Conviction: Collateral mobility is the hallmark of efficient markets.
"Our focus is not trapping you from an economics perspective. It's bringing a better and cheaper experience. And if it isn't, feel free to move it somewhere else."
"Looping is not some DeFi only concept. If you look at treasuries in prime brokerages in TradFi, those are levered infinitely more times."
"Because we do a securitization at the end of every month, we have this captive demand from institutions to buy these loans. You're not stuck with the collateral asset. The collateral asset is just waiting to be sold."
"What would prove or disprove my argument would be that it is not possible to finance assets cheaper onchain through the structures that we've put together versus traditional markets."
Figure retweeted
Wall Street is collecting 2.5% for sitting in the middle of transactions. @mcagney wants to cut it out entirely.
Banks can borrow at SOFR and lend that money at SOFR + 250 basis points.
His argument? Blockchain can handle much of the risk management and settlement, allowing borrowers to pay less while investors earn more.
That's the real $6 trillion DeFi opportunity.
FT @BitcoinJesusETH @Figure
⏱ TIME POINTS ⏱
00:00 - Intro
01:12 - Figure's Rule of 40 Hits 150
04:14 - Figure Doubles Loan Volume
05:59 - What's Next for Figure?
08:28 - Milk Road PRO for $1
08:42 - Navra's $19M DeFi Bet
12:46 - Why Separate Navra From Figure?
14:12 - Who Is Navra Built For?
15:25 - What's Keeping Wall Street Offchain?
21:25 - AI Agents in Finance
24:39 - Sponsor: Nexo
25:13 - Sponsor: Alumni Ventures
25:41 - Why 50 Companies Reject Tokenized Stocks
30:35 - Bringing Stocks Onchain
32:08 - 24/7 US Treasuries Onchain?
33:43 - Do Crypto Regulations Matter?
36:12 - Track Top Investors for Free
36:55 - Does Crypto Need a Bull Run?
39:52 - The $6 Trillion Onchain Opportunity
Figure retweeted
Here’s a peek back at TokenizeThis Lisbon.
Two panels, one fireside, a very packed room, and a lot of good conversations about where tokenized assets go after issuance.
Special thanks to our partners for the Lisbon edition: @StellarOrg, @Figure, and @0xPredicate.
Figure retweeted
Figure says approvals can take 5 minutes with funding in as few as 5 days, and borrowers can access up to $750K:
housingwire.com/articles/fig…
Figure retweeted
Poker Night opens with a toast. 🥂
@Figure is hosting the official @blockworksDAS Welcome Drinks.
Invites are limited ↓
Figure retweeted
Using the technology behind crypto (blockchain) doesn't necessarily mean using the currencies themselves. For Figure, blockchain is like cloud and it "works in the background"
axios.com/2026/10/20/wall-st…
Figure retweeted
Adena Friedman is right that tokenization makes collateral fluid. This is not a hypothetical, on Figure's Democratized Prime, matched offers hit $588M at the end of September, up 50% from Q2, with $800M+
of lender supply behind it. Atomic settlement, perfected liens, faster rails let collateral actually move.
Tokenization could free up tens of billions of dollars in capital tied up in assets used as collateral across the global financial system, Nasdaq CEO Adena Friedman said.
Tokenizing assets such as Treasurys, equities and money market funds, along with the flow of money, could make collateral "very fluid," Friedman told CNBC at TOKEN2049 in Singapore.
Find out how tokenization can drive the shift towards fully 24/7 markets: cnb.cx/4hQeCyO
Figure retweeted
The first panel saw @heintsight (@FlowTraders), @rajachak75 (@StellarOrg), Kristen Mierzwa (@FTSERussell), and Reid Simon (@Figure) focus on RWAs at institutional scale, with @MarcinRedStone (@redstone_defi) moderating.
The takeaway: it’s no longer about pilots and PoCs, the industry will now grow where it makes the most impact.
Figure retweeted
The Truth About Crypto Lending with Tokenized Assets REVEALED!
WATCH ▶️ youtu.be/MyYIniVR0Bw
Reid Simon, President of Digital Assets at Figure, joined us to discuss Figure’s unique tokenized loan products, how blockchain is transforming lending, and the future of crypto lending.
Topics:
- The future of crypto lending and DeFi
- Tokenizing HELOCs and Private Credit
- Blockchain and transparent lending models
#crypto #tokenization #defi
🤖 Made with AI
Figure retweeted
Reflect's third risk market is open for pre-deposits, built on solana:3b8X44fLF9ooXaUm3hhSgjpmVs6rZZ3pPoGnGahc3Uu7.
PRIME is @HastraFi's yield bearing asset, earning on home equity loans from @Figure.
$250k cap on Protected, $50k on Amplified.
tranches.reflect.money
Figure retweeted
Partners supporting OUSD on Tempo include @stripe, @Stablecoin, @privy_io, @coinbase, @Mastercard, @Visa (VSP), @aave, @Anchorage, @blindpay, @blockaid_, @BlockradarHQ, @chainalysis, @chainlink, @crossmint, @elliptic, @Figure, @FireblocksHQ, @fonbnk1, @gauntlet_xyz, @HypernativeLabs, Infinia, @Morpho, @RelayProtocol, @SentoraHQ, @Uniswap, @utila_io, and more.
Together, they offer ramps, wallets, liquidity, and payment infrastructure for businesses to integrate stablecoins payment flows with OUSD on Tempo.
Figure retweeted
We're excited to welcome Reid Simon to The Capital Summit x Asia Stablecoin Conference 🇸🇬
@reidlikeabook is President of Digital Assets at @Figure. Figure is helping bring real-world assets and financial markets onchain through blockchain-native infrastructure.
Join us in Singapore on October 6, 2026 👇
Figure retweeted
Episode 5 of @Figure's Unblocked is live!
I visited @NewAmericanTeam in Orange County to sit down with Kristin Ankeny Bickenbach. Kristin brings a rare blend of risk awareness and credit union borrower empathy to leading secondary markets at NAF. 🧵👇
We dove into how NAF balances modern processes with human touch. Standout stat: Figure HELOCs now make up 35% of NAF’s call center loans. ⚡️
Thanks for having me & being on the pod, Kristin!
Figure retweeted
We're excited to welcome Reid Simon to RealFi x Asia Stablecoin Conference 🇰🇷
@reidlikeabook is President of Digital Assets at @Figure. Figure is helping bring real-world assets and financial markets onchain through blockchain-native infrastructure.
Join us in Seoul on October 1, 2026 👇
