Tagged: YLDS

Figure’s YLDS Accepted as Collateral on EDX

Figure’s  (Nasdaq: FIGR) YLDS, a digital asset that is a security, is now accepted as collateral on EDX Markets, an institutional crypto trading platform. YLDS,  a regulated yield-bearing security,  gives institutions flexibility to manage capital. EDX also said it will adopt YLDS as a treasury… Read More

Blockchain Firm Figure Reports Q2 Results

Figure Technology Solutions (Nasdaq: FIGR; OPEN: FGRS), a capital markets blockchain firm founded by Mike Cagney, reported Q2 earnings, delivering net revenue of $226 million, up 113% from the same period the prior year. The consumer loan marketplace booked $4.3 billion in volume during the… Read More

YLDS, an SEC Registered Transferable Security, Now Offered via Copper’s Custody Platform

Figure Certificate Company, an affiliate of Figure Technology Solutions, Inc. (Nasdaq: FIGR), has teamed up with Copper to integrate YLDS into the latter’s institutional custody services. This development provides qualified clients with a compliant avenue to generate returns on digital assets at the pace and… Read More

Does Figure Have Workaround for Stablecoin Yield with $YLDS?

Mr. Potter Banker Banking (1)

The banks are at it again. Instead of competing on a level playing field with digital asset firms, they want to put their hand on the regulatory scale to ensure they maintain a moat that helps them, but not consumers. Spewing FUD regarding deposit flight,… Read More

Figure Markets Introduces YLDS, a “Yield-Bearing” Stablecoin as SEC Registered Public Security

Figure Markets, a platform for decentralized finance (DeFi), has recently launched the first interest-bearing stablecoin native to a public blockchain registered with the Securities and Exchange Commission. YLDS, described as a public security offered through Figure Markets’ wholly owned subsidiary, Figure Certificate Company, is “a fixed-price,… Read More

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