Figure to Launch Its On-Chain Tokenized Stock on Thursday
BlockBeats News, February 19th, Figure Technology Solutions will on-chain tokenize its stock this Thursday, in the form of Figure Stock Tokens named FGRD, to be issued, traded, and settled on Figure's on-chain 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 coincides with its second public offering, which has now been expanded to $150 million, with venture capital firm Pantera Capital participating in the deal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The euro against the yen hit 177.00, up 0.17% intraday.
USD/JPY rises to 160.07, reaching a new high since early September
Fed’s No. 3 Official Turns Hawkish: Inflation Remains Too High, Action Needed to Bring It Back to 2% Promptly
Over time, action needs to be taken to ensure that inflation falls back to the 2% target in a timely and sustained manner. Williams' statement is more explicit than before; previously, he indicated his support for the Federal Reserve to first gather information before determining its policy stance, but this speech further supplements with a clear signal that "further action is necessary."
GBP/USD falls for four consecutive days, U.S. PPI data comes into focus
Crypto prices
More
