Figure (FIGR) Technology Solutions announced a strategic partnership between Sui and Figure Certificate Company, FCC, or “Figure”, a subsidiary of Figure Technology Solutions. FCC will deploy YLDS, its SEC-registered yield-bearing security token, natively on the Sui blockchain. “Issuing YLDS on Sui represents the beginning of a broader initiative to deploy SEC-compliant, yield-bearing security tokens across multiple blockchain networks,” said Mike Cagney, Co-Founder and Executive Chairman of Figure. “We’re proud to take this first step with Sui and remove traditional intermediaries in order to level the playing field and democratize access to institutional-grade financial products.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FIGR:
- Crypto Currents: Coinbase, Mastercard in talks to acquire stablecoin firm BVNK
- ‘Blockchain Disruptor’: Figure Stock (FIGR) Pops as Wall Street Goes Bullish Post IPO
- Fifth Third buying Comerica, AMD gets OpenAI boost: Morning Buzz
- Opening Day: Cerebras Systems withdraws IPO filing
- Micron upgraded, Klarna initiated: Wall Street’s top analyst calls