Figure

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Figure

Figure

@Figure

Building the future of capital markets on blockchain | Figure Technologies Solutions is responsible for this page | Proudly built on @provenancefdn

New York, NY Sumali Temmuz 2018
427 Sinusundan21.1K Mga Tagasunod
Solana Sensei
Solana Sensei@SolanaSensei·
SOLANA WEEKLY DIGEST - @solana Agent hackathon has concluded as @colosseum announces winners. Over 1,600 OpenClaw agents and 454 projects were submitted. - @solanamobile Solana Mobile Builder Grants are live. Funding new ideas to grow Seeker and the Solana Mobile ecosystem. - @Titan_Exchange private trading campaign is live, Trade privately on Titan and compete for a share of $10,000 USDC. - @OndoFinance expands tokenized equities on @Solana as 50+ new stocks and ETFs have been added including Galaxy Digital, BlackRock’s IBIT and Solana ETFs - @MessariCrypto has now included solana support for x402 payments. You can now pay for any API endpoint with USDC on Solana. - @Anchorage Digital launches Atlas Collateral Management, with @Kamino piloting it on @Solana for institutional crypto lending. - @Loopscale announces PRIME, RWA yield token on Solana by @HastraFi backed by @Figure's HELOC lending operations, is now live. - @Backpack Countdown to TGE set for Monday, March 23rd. More details to be released soon - @solflare celebrates the milestone of over $3.2M sent using Private Send in Solflare. - @sns SNS university workshops are back and kicking off in China. Mar 20 - Online Workshop SNS x @cuitbca2020 Mar 21 - Online Workshop SNS x WHUBA - @humafinance Total Transaction Volume surpassed $11B. - @privy_io integrates DeFi vault access directly into its wallet infrastructure powered by Kamino. - @bulktrade Public Testnet is Live. Everyone can now trade perps on the platform on testnet - @tokens New solana affiliated account to bring you 24/7 breaking news, how it moves global financial markets, and where those markets live on Solana.
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toad
toad@AuspiciousToad·
tokenization mania is speeding up, the week isn't even over yet, and we already have: > CRCLon tokenized circle stock on eth, bridged to sol + bnb @OndoFinance > s&p 500 perps 24/7 leveraged index exposure on @HyperliquidX via @tradexyz > defi credit forge pools onchain loans and rwas into fungible tokens @Figure > nasdaq tokenized securities SEC approval for tokenized stocks/etfs alongside tradfi @Nasdaq
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Alex
Alex@x0wes·
@jonbma @mcagney @Figure really cool - can't use heterogenous illiquid loans as collateral so a layer on top that makes them fungible and usable as collateral. @covered_call said it really well: x.com/covered_call/s…
Mario S.@covered_call

@Figure just launched Forge, a financial engineering layer that takes pools of messy, heterogeneous RWA/blockchain loans and turns them into standardized, fungible $1 participation tokens. You can't liquidate a fraction of a loan on a DEX because there is no price feed and no liquidity. These loans have unique FICOs, LTVs, and balances. Since Figure has the origination platform, the pricing desk, the securitization shelf, AND the blockchain infra, they provide liquidity themselves from day one and run a two-way flow. $FIGR can make money in a few ways from this: The most direct one is spread on the two-way flow. When tokens trade cheap, Figure buys them, redeems the underlying loans, and securitizes them into the TradFi markets. Something like how MMs and APs make money off creations and redemptions in the ETF ecosystem. Since Figure runs the limit order book themselves, they also earn the bid-ask spread on every trade. Figure also likely earns platform fees. The blog says "You originate; Figure handles the rest." That "rest" encompasses warehousing, registration, forging, liquidity, etc. Infrastructure-as-a-service for third-party originators is a fee business. The company started with their auto loan partner @AGORA_Data but the more external partners they onboard, the more volume flows through every layer they clip. Will be interesting to see how this new vertical shows up in upcoming earnings reports.

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Mike Cagney 🇺🇸
Re: the RWA / looping narrative - people are missing the forest through the trees - RWA won't work as collateral unless it's liquid, and to be liquid it needs to be homogenous participation to the assets, not the assets themselves. @Figure Forge makes this possible. If you are originating loans and want to aceess DeFi using Figure Forge / build your blockchain strategy, DM me.
Mike Cagney 🇺🇸@mcagney

x.com/i/article/2034…

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Hastra
Hastra@HastraFi·
Your favorite HELOC-backed yield token. Now live on Loopscale. Lend. Borrow. Loop. Reach up to 33% APY on your PRIME holdings in a single click, with: ▸ PRIME / USDC ▸ PRIME / USX
Hastra tweet media
Loopscale@Loopscale

PRIME, a premier RWA yield token on Solana by @HastraFi backed by @Figure's HELOC lending operations, is now live on Loopscale. Loop PRIME with one click for up to 8.3x leverage and 33% APY, or use it as collateral for borrowing. Available Loops: • PRIME / USDC • PRIME / USX

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BlockPro
BlockPro@BlockPro_·
@Figure Very powerful and complex work, well done!
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Phyn
Phyn@blockchainphyn·
Everyone talks about RWA tokenization. Figure just solved the part nobody else could, making loans actually liquid and usable as DeFi collateral. Forge turns heterogeneous loans into fungible participation tokens, Figure seeds the liquidity, and the yield flows through to Democratized Prime and Hastra. New asset classes, new yield, real infrastructure.
Mike Cagney 🇺🇸@mcagney

x.com/i/article/2034…

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Aayush Shah
Aayush Shah@aayushtrades·
$FIGR great spot to add @figure forge announcement is a big deal thoughts on it coming later
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Mario S.
Mario S.@covered_call·
@Figure just launched Forge, a financial engineering layer that takes pools of messy, heterogeneous RWA/blockchain loans and turns them into standardized, fungible $1 participation tokens. You can't liquidate a fraction of a loan on a DEX because there is no price feed and no liquidity. These loans have unique FICOs, LTVs, and balances. Since Figure has the origination platform, the pricing desk, the securitization shelf, AND the blockchain infra, they provide liquidity themselves from day one and run a two-way flow. $FIGR can make money in a few ways from this: The most direct one is spread on the two-way flow. When tokens trade cheap, Figure buys them, redeems the underlying loans, and securitizes them into the TradFi markets. Something like how MMs and APs make money off creations and redemptions in the ETF ecosystem. Since Figure runs the limit order book themselves, they also earn the bid-ask spread on every trade. Figure also likely earns platform fees. The blog says "You originate; Figure handles the rest." That "rest" encompasses warehousing, registration, forging, liquidity, etc. Infrastructure-as-a-service for third-party originators is a fee business. The company started with their auto loan partner @AGORA_Data but the more external partners they onboard, the more volume flows through every layer they clip. Will be interesting to see how this new vertical shows up in upcoming earnings reports.
Mike Cagney 🇺🇸@mcagney

x.com/i/article/2034…

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Autonomous Alpha
Autonomous Alpha@NooskcajLeahcim·
@mcagney @Figure Great point @mcagney. RWA liquidity hinges on homogenous participation, not just the assets themselves. Forge's approach seems to address this critical aspect by enabling scalable collateralization.
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Aayush Shah
Aayush Shah@aayushtrades·
$FIGR so here's how you can use my dashboard (link in bio and below) to give you some additional context into how @Figure's business might be doing figr_heloc token represents the outstanding heloc loan book growing book means more originations and more revenue but this is not the same as consumer loan marketplace volume since payoffs reduce book size in January book declined however CLMV was 816m basically it helps you find a trend month to month. if book increases by a larger amount than the previous month it is a signal the business could be doing better than the previous month. it's not perfect but gives you a rough idea.
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