Figure: Completes First Digital Securities Transaction Using Real-time Marketplace
- Figure is transforming financial services through blockchain, bringing speed, efficiency, and savings to both consumers and institutions
- Announced it completed a first of its kind digital securities transaction using ATS
- The significance of this transaction marks a historic milestone in the deployment of blockchain technology
- This trade was ground-breaking in many ways, including the minting of a fiat marker by a U.S. bank on a blockchain baked by fiat reserves
- The Marketplace trading platform using ATS is the first of its kind and allows for real-time, bilateral trading
- Anticipates that the ATS will support dozens of secondaries with other private companies through the end of this year
