Figure MarketsFigure 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
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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.
DetailsRaised: 60,000,000 USDLegalBlockchain Platform: ProvenanceRegistration country: United States Registration year: 2024 Office address: 650 California, Suite 2700 San Francisco CA 94108 |