Figure Technology Tokenizes Shares on Solana
Update: 2025-12-12
Description
Figure Technology, a blockchain-based finance company, has filed for a second public offering, aiming to issue company shares directly on the Solana blockchain. This move, following their Nasdaq listing, seeks to expand DeFi usage. The shares will not trade on traditional exchanges but through Figures own alternative trading system, enabling tokenized shares to be used as collateral or lent out in DeFi protocols. The company also plans to support other companies in issuing shares directly within the Solana ecosystem, potentially revolutionizing capital raising and investor interactions. This development underscores Solanas growing role in tokenized assets, challenging Ethereums current lead.
DNN | The Daily News Now!
The world’s first global local news network.
Every city. Every story. AI powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
