Figure co-founder on IPO: We will transform investing by using the blockchain

Figure Technology Solutions (FIGR) co-founder Mike Cagney says his blockchain business is ready for the big time. "So if you think of something like the stock market, it's an easy example. Seven parties sit in between buyers and sellers of every transaction. Blockchain has the ability to distill that down just to two," Cagney told me on Yahoo Finance's Market Catalysts (video above). Figure Technology Solutions raised $787.5 million in its IPO this week. The company sold 31.5 million shares priced at $25 ...