We’ve officially merged with @Figure to shape a new future of capital markets powered by blockchain.
For the latest on products, milestones, and any news, follow @Figure. Thanks for being with us on this journey. Going forward, this account will no longer post.
“Billions have been poured into speculative tokens, meme coins, and hype cycles. The dream of using blockchain to rebuild the plumbing of traditional finance has always been coming soon. @Figure has been quietly doing it for years”
Read the full article from The VC Corner ⤵️
The updated $YZY numbers are worse than we thought
70,000+ total traders
> 51,862 lost $1–$1k
> 5,269 lost $1k–$10k
> 1,025 lost $10k–$100k
> 108 lost $100k–$1M
> 3 lost $1M+
Meanwhile, 11 wallets made $1M+
What does the future of Democratized Prime look like?
A portfolio construction tool with multiple lending pools all with cash flow, diversified options, all onchain and transparent.
Crypto-backed loans from @Figure offer the lowest rates in the industry at 50% LTV (8.91% interest / 9.999% APR).
All new loans are secured in a decentralized custody wallet with no rehypothecation and is viewable on-chain 24/7. Available to both eligible US and global users ⤵️
