Figure Markets logo
Website

Figure Markets

Figure Markets seamlessly merges the liquidity of traditional finance with decentralized asset control, offering investors a diverse range of blockchain-native assets. These assets include cryptocurrencies, stocks, and alternative investments, providing users with access to a broad spectrum of investment opportunities.

Series A Round: $60M

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industryExchanges & Wallets
Product typePlatform
FoundedUnited States

What is Figure Markets

Figure Markets will launch a new decentralized custody crypto exchange and blockchain-native security marketplace that incorporates Multi-Party Computation (MPC) technology. MPC-based wallets help eliminate the single-point-of-failure risks inherent in many centralized exchanges. With Figure Markets’ MPC wallets, private keys are distributed across a decentralized network, requiring multi-party approval for every movement. This approach not only allows for decentralized custody – eliminating the need for a central custodian or clearing agent – but also minimizes counterparty risk and ensures users’ continued control over their assets.

Figure Markets is leveraging the Provenance Blockchain – a blockchain specifically designed for financial transactions. Over $30B USD in real world assets have been recorded on Provenance Blockchain since its launch in 2018. Figure Markets will operate independently of Figure Lending.

Details

Raised: 60,000,000 USD

Legal

Blockchain Platform: Provenance
Registration country: United States
Registration year: 2024
Office address: 650 California, Suite 2700 San Francisco CA 94108

Project team

Mike Cagney
Mike Cagney
Co-founder & Chief Executive Officer
Mike Cagney linkedin
June Ou
June Ou
Co-founder & President
June Ou linkedin
Matt Conroy
Matt Conroy
Chief Technology Officer
Matt Conroy linkedin
Laurie Katz
Laurie Katz
Chief Operations Officer & Chief Marketing Officer
Mike Abbate
Mike Abbate
Chief Investment Officer
Mike Abbate linkedin
Cyndi Rodriguez
Cyndi Rodriguez
Chief Legal Officer

Social media

Figure Markets web-siteFigure MarketsYouTubeFigure Markets LinkedInFigure Markets X (Twitter)Figure Markets Github

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsored Crypto Projects

Newly Published