BlockBeats News, February 19 — Figure Technology Solutions will launch its tokenized stock version on the blockchain this Thursday. The stock token, named FGRD, will be issued, traded, and settled on Figure’s blockchain-based stock and lending platform Onchain Public Equity Network (OPEN), without relying on traditional clearing and custody systems. Stock token holders will be able to borrow and lend through Figure’s DeFi marketplace.
This tokenized stock listing coincides with its secondary public offering, which has expanded to a fundraising total of $150 million. Venture capital firm Pantera Capital participated in this round.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ju.com 20% Off Launchpad XRP Concludes, Heat Continues. Welcome the God of Wealth on the fifth day, Episode 5 BNB on February 21 at 16:00 for the flash sale.
Ju.com Spring Festival Event Phase 4 ended on February 20th, with over 10,000 participants and more than $50 million in funds, exceeding the fundraising goal by 700%. Phase 5 will launch on February 21st, allowing users to participate in subscriptions at a 20% discount, with a chance to win physical prizes and token rewards.
GateNewsBot3h ago
Zero Confirms ZRO as Sole Token for Staking, Gas, and Fees
_Zero confirms ZRO as sole token for staking, gas, and all fees; 19.77% of supply is tied to buybacks and institutional purchases._
Zero has confirmed that ZRO will be the sole token powering its new network, ending speculation about the potential launch of an additional asset.
The team
LiveBTCNews6h ago
Stablecoin Legislation Countdown: White House Sets 3/1 Deadline, Earning Interest on Holdings May Be Blocked, Infrastructure Race Ahead
The White House has set March 1 as the deadline for negotiations on stablecoin reward provisions, sparking intense competition between the banking industry and the crypto sector over legal issues related to stablecoin yield payments. ProShares and Anchorage Digital have taken the lead in laying out the groundwork to promote market infrastructure development. This legislation will have a profound impact on the stablecoin market and traditional banks, potentially changing the flow of funds.
動區BlockTempo7h ago
RootData: BTR will unlock tokens worth approximately $2.72 million in one week
ChainCatcher message: According to Web3 asset data platform RootData's token unlock data, Bitlayer (BTR) will unlock approximately 14.69 million tokens, worth about $2.72 million, at 10:00 AM Beijing time on February 27.
GateNewsBot9h ago
RootData: WAL will unlock tokens worth approximately $1.38 million in one week
ChainCatcher message: According to Web3 asset data platform RootData's token unlock data, Walrus (WAL) will unlock approximately 17.5 million tokens at 10:00 AM Beijing time on February 27, valued at about $1.38 million.
GateNewsBot9h ago
