Figure Markets Opens $15M HELOC Facility as First Real-World Asset Financing on a DeFi Marketplace
Figure Markets today announced the launch of a $15 million on-chain senior lending facility backed by Figure home equity lines of credit (HELOCs).The facility uses Figure Market’s Democratized Prime marketplace, where borrowers access capital directly from lenders using public blockchain digital assets as collateral. This transaction marks the first time that digitally native real-world assets (RWAs), like private credit or stocks, can be used as collateral on a decentralized lending protocol and marketplace.
Figure Markets Introduces a Marketplace for FTX Claims
Figure Markets today announced the launch of a marketplace for FTX creditors and investors to trade FTX claims. Figure Markets is democratizing finance through blockchain by building the exchange for everything - a decentralized custody marketplace for crypto, stocks, bonds, credit, bankruptcy claims and more. Creating a marketplace for FTX claims is Figure Market’s latest step towards this goal of democratization.
Figure Technologies Announces Figure Markets, Home to a New Decentralized Custody Crypto Exchange and Blockchain-Native Security Marketplace
Figure Technologies announces the launch of Figure Markets, the first step in an ambitious vision to create an “everything marketplace”– a single platform where investors can seamlessly trade a wide range of blockchain-native assets from crypto to stocks to alternative investments.
