Figure
Transforming the financial services industry using blockchain
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Project Overview
Figure is a financial technology company using the Provenance Blockchain for loan origination, equity management, private fund services, banking, and payments sectors, bringing speed, efficiency, and savings to both consumers and institutions. Figure Equity Solutions is a one-stop solution for private companies and startups to raise capital, manage equity, and trade shares on a single platform. Figure Marketplace is a blockchain-based investment platform that provides access to a variety of private companies and private funds.
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Odaily Odaily News: Kalshi Crypto Lead IcoBeast.eth posted on X platform to refute earlier data from Blockchain Capital partner Spencer Bogart, stating that Kalshi's March volume exceeded $13 billion, while Polymarket's volume for the same month was only about $9.5 billion. This data contradicts earlier claims. For further discussion, please directly message him or the Kalshi team. Additionally, it was mentioned that Blockchain Capital is one of Polymarket's investors.Previous News: Blockchain Capital Partner: Polymarket's March Non-Sports Trading Volume Reached $7.5 Billion, While Kalshi's Comparable Figure Was Only $1.6 Billion
Figure Technologies and Hastra Partner to Launch On-Chain Auto Loans, Expanding DeFi Credit Assets
According to Cointelegraph, blockchain lending platform Figure Technology and its on-chain credit platform Hastra have officially integrated auto loans into their tokenized credit market, further expanding the range of real-world assets (RWAs) accessible to decentralized finance (DeFi) investors. Democratized Prime—the decentralized lending marketplace operated by Figure Markets—has launched auto finance as a new asset class for the first time. Hastra has also announced its expansion to Ethereum Virtual Machine (EVM)-compatible chains, with plans to roll out auto loan products first on Solana and then on Ethereum in June. According to Michael Tannenbaum, CEO of Figure, the platform has generated over $22 billion in on-chain loans to date. Analysts view Figure’s tokenized lending business as experiencing significant growth and have assigned it an “outperform” rating with a $67 price target.