Figure Technologies Expands into Blockchain-Native Exchange with Figure Markets Launch

Monday, 18 March 2024, 11:00

Figure Technologies has revealed its latest venture, Figure Markets, aimed at spearheading the development of a blockchain-native exchange. The launch comes on the heels of the company's successful Series A funding round, which amassed $60 million. The move signifies Figure's strategic shift towards blockchain technologies in the financial sector, marking a significant milestone in its growth trajectory.
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Figure Technologies Expands into Blockchain-Native Exchange with Figure Markets Launch

Figure Technologies Launches Figure Markets

Figure Technologies has announced the establishment of Figure Markets, a new company that will focus on creating a blockchain-native exchange. This move represents the firm's foray into the rapidly evolving world of blockchain technology and its potential impact on financial markets.

Key Points:

  • Series A Funding: Figure Technologies recently secured $60 million in Series A funding to support its new venture.
  • Figure Markets: The company's latest entity, Figure Markets, is dedicated to developing blockchain solutions for the financial industry.
  • Strategic Shift: This move reflects Figure Technologies' strategic pivot towards blockchain technologies to drive innovation in the sector.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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