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American financial technology company Figure completed $60 million in Series A financing and established Figure Markets, an independent company

American financial technology company Figure completed $60 million in Series A financing and established Figure Markets, an independent company

CointimeCointime2024/03/18 11:47
By:Cointime

Financial technology company Figure Technologies, headquartered in the United States, announced today that it will establish an independent company called Figure markets. This is the "first step" in developing a single platform for investors to trade various blockchain native assets, including cryptocurrencies, stocks, and alternative investments.Figure Markets has completed a $60 million Series A financing round, led by Jump Crypto, Pantera Capital, and Lightspeed Faction. Other participants include Distributed Global, Ribbit Capital, and CMT Digital.Figure also stated that the company is committed to developing a stablecoin as a secure alternative to registration for use in its ecosystem.

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