Summary of Figure Technology Solutions FY Conference Call Company Overview - **Company Name**: Figure Technology Solutions - **Ticker**: NasdaqGS:FIGR - **IPO Date**: September 2025 - **Business Model**: Provides a capital marketplace for private credit using blockchain technology, specifically offering HELOC (Home Equity Line of Credit) products [4][5][6] Core Business and Technology - **Marketplace**: Figure Connect allows loan origination partners to utilize a standardized loan origination system, enhancing efficiency compared to traditional mortgage processes [4][8] - **Blockchain Utilization**: Operates on a layer one blockchain called Provenance, which enables real-time data access for loan buyers, contrasting with traditional monthly data updates [5][6] - **Loan Origination Cost**: Figure's loans cost approximately $750 to originate, significantly lower than the industry average of $11,000-$12,000 [31] Strategic Priorities - **Partner Growth**: Aims to expand the number of loan origination partners, currently at about 250, with a focus on both mortgage and non-mortgage companies [8][14] - **Product Expansion**: Plans to introduce new products like Democratized Prime, which offers shorter-term loans, and explore opportunities in SMB loans and crypto-backed loans [9][30][34] - **Market Positioning**: Targeting a significant portion of the $36 trillion home equity market in the U.S. with a focus on first lien HELOCs, which have seen a tripling in volume year-over-year [32] Financial Performance - **Profitability**: Achieved GAAP net income positive status since 2024, with an adjusted EBITDA margin of 55% in Q3, aiming for over 60% in the future [26][49] - **Loan Performance**: Maintains a loss rate of less than 1% on loans, indicating strong performance and risk management [47] Market Dynamics - **Private Credit Market**: The U.S. private credit market is valued at $2 trillion, with Figure reporting $2.5 billion in volume for Q3, reflecting a 70% year-over-year growth [43] - **Securitization Ratings**: Received AAA ratings from S&P and Moody's for securitized loans, enhancing investor confidence [43] Future Outlook - **Expansion Plans**: While focusing on the U.S. market, there are considerations for international expansion, particularly in Europe and the U.K. [45] - **Tokenized Equity Strategy**: Plans to launch a tokenized equity offering that is non-dilutive to existing investors, leveraging blockchain for faster transactions [37][38] Additional Insights - **Decentralized Finance**: Emphasizes the importance of decentralized finance in its future strategy, aligning with broader market trends [10] - **Technology and Innovation**: The modular nature of Figure's technology allows for rapid adaptation and innovation in product offerings [22][23] This summary encapsulates the key points discussed during the conference call, highlighting Figure Technology Solutions' business model, strategic priorities, financial performance, and future outlook.

🔢⛓️ there seems to be demand for borderless blockchain technology https://t.co/1QvQXUoNkvIllia (root.near) (🇺🇦, ⋈) (@ilblackdragon):6B total volume. 3.5B in the last 30 days. 1B in the last 7 days. 265m yesterday.Acceleration is clear.nillions ...

Plans to support digital securities, tokenized real-world assets, and expanded private-market liquidity BOSTON, MA, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Netcapital Inc. (Nasdaq: NCPL, NCPLW) (“Netcapital” or the “Company”), a digital private-capital-markets ecosystem, today announced plans to expand its platform to include support for compliant blockchain-based digital assets, amid accelerating interest in tokenized securities and tokenized real-world assets (RWAs) like real estate. Since 2016, Netcapital’s S ...

Regulatory Updates - US Treasury and IRS issued new guidance providing a clear path for crypto exchange-traded products (ETPs) to stake digital assets and share staking rewards with retail investors [1] Industry Impact - The move is expected to increase investor benefits [1] - The guidance aims to boost innovation in the digital asset space [1] - The US aims to maintain its global leadership in digital asset and blockchain technology [1]

Regulatory Updates - US Treasury and IRS issued new guidance for crypto exchange-traded products (ETPs) [1] - New guidance provides a clear path for ETPs to stake digital assets and share staking rewards with retail investors [1] Industry Impact - The move is expected to increase investor benefits in the digital asset space [1] - The guidance aims to boost innovation in digital asset and blockchain technology [1] - The US aims to maintain its position as the global leader in digital asset and blockchain technology [1]

Regulatory Updates - US Treasury and IRS issued new guidance for crypto exchange-traded products (ETPs) [1] - New guidance provides a clear path for ETPs to stake digital assets and share staking rewards with retail investors [1] Industry Impact - The move is expected to increase investor benefits in the digital asset space [1] - The guidance aims to boost innovation in digital asset and blockchain technology [1] - The US aims to maintain its position as the global leader in digital asset and blockchain technology [1]

RT Aethir Ecosystem (@AethirEco)Founder Spotlight: @SergeyNazarov Co-Founder of @chainlinkSergey Nazarov is an entrepreneur and early pioneer in blockchain technology. Before co-founding Chainlink in 2017, he worked on several ventures in the blockchain space with a vision of connecting real-world systems with blockchain-based applications, laying the groundwork for Chainlink’s success. ...

Core Insights - Reliance Global Group, Inc. reported a significant transformation in its financial position, highlighted by the $5 million sale of Fortman Insurance Services, resulting in a $3 million gain and a 50% reduction in long-term debt [2][4] - The company is on track to issue its first-ever dividend of $0.03 per share, payable on December 2, 2025, reflecting confidence in its operational strength and strategic direction [4][5] - The company is advancing its Digital Asset Treasury Initiative, integrating blockchain technology into its capital appreciation model, and has acquired positions in several leading digital assets [2][6] Financial Performance - Unrestricted cash increased by approximately 590%, or $2.2 million, to $2.6 million compared to the prior fiscal year-end, while working capital grew by $1.2 million, or 284%, to $1.6 million [2][9] - Equity improved by approximately $3.7 million, or 125%, to $6.8 million, indicating a strengthened balance sheet [2][9] - Commission income for Q3 2025 totaled $2.5 million, down from $3.4 million in Q3 2024, primarily due to the sale of Fortman Insurance Services [9] Operational Updates - The company has implemented a Client Service Center within its RELI Exchange platform to enhance scalability and operational efficiency [2] - Total operating expenses for the quarter included approximately $2.7 million in non-cash stock-based compensation, reflecting a strategic investment in talent retention [2][9] - The OneFirm initiative continues to drive cost alignment and operational efficiency across the organization [2] Future Outlook - The company expresses confidence in its strategic direction and long-term opportunities, emphasizing disciplined execution and sustainable growth [6] - Reliance aims to build a more focused business with stronger financial flexibility and a clear path toward long-term shareholder value [2][6]

RT SOL Strategies (@solstrategies_)1/ It’s only a matter of time before blockchain technology becomes a cornerstone of the global financial system — and without question, @Solana is the chain positioned to lead that transformation. https://t.co/qm2DtABcXI ...

RT michael (@no89thkey)Thank you, Vitalik.Pico Prism was born from belief — that Ethereum can scale without compromise. Stoked to play a part in the Ethereum scaling history.Grateful for our team that’s been grinding 100-hour weeks for 300 days straight. Because we truly believe in somETHing. ...