Coin界 News reports that Mike Cagney, co-founder and executive chairman of blockchain capital markets company Figure, posted on X stating that Figure has launched the Figure Forge service. This service can mint blockchain-native loans and other RWAs into standardized Participation Tokens, which will initially be used in the Democratized Prime DeFi market running on the Provenance blockchain foundation, and provide users with additional yield options through the Hastra protocol. A limit order book funded by Figure will support liquidity.
Coin界 News reports that Mike Cagney, co-founder and executive chairman of blockchain capital markets company Figure, posted on X stating that Figure has launched the Figure Forge service. This service can mint blockchain-native loans and other RWAs into standardized Participation Tokens, which will initially be used in the Democratized Prime DeFi market running on the Provenance blockchain foundation, and provide users with additional yield options through the Hastra protocol. A limit order book funded by Figure will support liquidity.