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Tag: Figure Technologies

FTX Files To Exit Bankruptcy And Repay Billions To Affected Customers

Bankrupt crypto firm, FTX, has announced its plans to exit bankruptcy and resolve its year-long financial troubles by repaying its...

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An ETF Will Bring A Revolution For Bitcoin And Other Cryptocurrencies – CryptoInfoNet

But not everyoneā€™s on board with the crypto ETF train. Critics argue that Bitcoin-linked ETFs could be even worse than centralized exchanges for the...

Global Blockchain AI Research Report 2023: Embracing the Perfect Combination – How Blockchain and AI Converge for Data Management – ResearchAndMarkets.com

DUBLINā€“(BUSINESS WIRE)ā€“The ā€œBlockchain AI Global Market Report 2023ā€ report has been added to ResearchAndMarkets.comā€™s offering. The global blockchain ai market grew from $0.39 billion in...

Provenance Blockchain Unveils $50 Million Tech Grant

Earlier today, we published an article about Mike Cagney, the cofounder of Sofi. He also runs the Provenance blockchain, and thereā€™s big news surrounding...

USDF Consortium launches to develop and promote bank-minted stablecoin

The FDIC-insured banks want to ā€œunlock the financial opportunitiesā€ of blockchain technology.

NYCB and Group of Banks Join to Launch USDF Stablecoin

USDFA group of U.S.-based banks is launching their own stablecoin, USDF. The stablecoin will be issued by the USDF Consortium, which will allow its members (financial and banking institutions) to issue USDF. The proposed stablecoin will be the first currency of its kind to be minted by FDIC-insured institutions and compliant with the recommendations on […]

American Banks Formed Consortium To Mint USDF Stablecoins

A number of American banks formed a consortium to mint USDF stablecoins in an effort to address consumer protection and regulatory concerns about the non-bank-issued stablecoins as we can see more today in our cryptocurrency news. The USDF Consortium is an association of the Federal Deposit Insurance Corporation that was launched on January 12th. The […]

Blockchain-based startup figure creates platform for raising equity

Figure Technologies Inc., the startup co-founded by Mike Cagney, created a platform to help private companies raise and trade equity using its blockchain technology. Figure Equity Solutions has already helped manage, raise and trade more than $4.7 billion in equity, the company said Wednesday in a statement. The business has done two secondaries now with […]

Can Digital Assets Really Disrupt Payments?

As digital assets continue to become more and more mainstream, what role theyā€™ll play as they move beyond a token for professional traders to something more widespread and ubiquitous remains a primary question. To some extent, there are no clear answers ā€“ yet. A lot depends on the moves that government organizations and banks make moving forward, and the answers they come up with could have ramifications that completely change the nature of banking going forward. While the regulatory answers are still murky ā€“ though that may not be the case for long, as the Biden administration continues to focus

The post Can Digital Assets Really Disrupt Payments? first appeared on FinTech Rising.

New York Community Bank Completes Blockchain-Based Digital Payment Process Using Figure

New York Community Bancorp this week announced its banking subsidiary, New York Community Bank, successfully completed a new digital payment process through the...

Blockchain lending firm Figure raises $200 million, pushing its valuation to $3.2 billion

After the Series D round, Figure Technologies has raised more than $425 million and its valuation is up to $3.2 billion.

The post Blockchain lending firm Figure raises $200 million, pushing its valuation to $3.2 billion appeared first on The Block.

Mike Cagneyā€™s Blockchain Firm Figure Technologies Acquires $200M via Series D at $3.2B Valuation

Figure Technologies, Inc., which aims to transform financial services by leveraging the power of blockchain tech, has finalized a $200 million Series D...

Mike Cagney from Figure Technologies Says their Blockchain Enabled Provenance Platform can Open Up Universe of Security Tokens

Figure Securities, a division of the digital lending service provider Figure Technologies, has reportedly acquired approval from the US Securities and Exchange Commission...

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