Fast Growing Figure Reports Completion of First Asset-Backed Securitization on Blockchain, Saves Over 100 BPS

Calling it a turning point for the blockchain sector, Figure has completed the first asset-backed securitization using blockchain. The transaction reportedly saved over 100 basis points thus representing a dramatic cost reduction. In a world populated with thousands of blockchain-focused firms, Figure represents a prominent… Read More
Read more in: Blockchain & Digital Assets, Fintech | Tagged figure, jeffries, mike cagney, nomura, online lending, provenance, securitization