Figure Markets announces a strategic partnership with CryptoRunner, a cryptocurrency comparison service, to enhance transparency, accessibility, and education in the crypto marketplace. The announcement describes CryptoRunner as one of the largest cryptocurrency comparison services and says the collaboration aims to improve the crypto marketplace.
Figure Markets opens a $15 million on-chain senior lending facility backed by Figure home equity lines of credit (HELOCs). The company says the transaction marks the first use of digitally native real-world assets as collateral on a decentralized lending marketplace.
Figure Markets launched YLDS, an interest-bearing transferable stablecoin native to a public blockchain and registered with the SEC. Figure Certificate Company, a subsidiary of Figure Markets, offers the stablecoin.
Digital asset marketplace Figure Markets launches YLDS, a yield-bearing stablecoin registered with the SEC as a public securities offering. The article identifies it as the first yield-bearing stablecoin registered in this way.