Core Insights - Figure Technology Solutions, Inc. announced the minting of $YLDS, a registered public debt security stablecoin on the Solana blockchain, designed to maintain a fixed dollar price and provide continuous yield backed by U.S. Treasuries and Treasury repo agreements [1][6] - The collaboration with Provenance Blockchain Foundation aims to enhance real-world asset applications in decentralized finance (DeFi) on Solana, allowing users to access yield from various Figure assets [2][4] - $YLDS is expected to provide significant advantages to the Solana ecosystem, including real-world utility, developer-ready composability, and institutional-grade credibility [6][7] Company Overview - Figure Technology Solutions operates a capital marketplace that connects origination, funding, and secondary market activities, with over 200 partners and more than $19 billion in home equity originated [5] - The company is recognized as a market leader in real-world asset tokenization, with its recent securitization receiving a AAA rating from S&P, marking a significant achievement in blockchain finance [7] Product Features - $YLDS is a yield-bearing stablecoin that offers immediate practical applications, already integrated with Figure's Democratized Prime product and soon with Exponent Finance's yield exchange protocol on Solana [6] - The stablecoin serves as a foundational asset for developers in the Solana DeFi ecosystem, providing a stable, yield-generating core for various applications [6] - Figure's compliance-first approach and proven operational history enhance the credibility of $YLDS, distinguishing it from speculative projects in the market [6][7]

Core Viewpoint - Figure Technology Solutions, Inc. has launched an RWA consortium to enhance access to over $1 billion in monthly on-chain loan originations, starting on the Solana blockchain, aiming to democratize access to institutional-grade yields for DeFi users [1][2][6] Group 1: RWA Consortium and Its Objectives - The RWA consortium aims to support the adoption of the PRIME token, a liquid staking token developed in partnership with Hastra and the Provenance Blockchain Foundation [1][4] - The initiative is part of Figure's strategy to bring capital markets on-chain and expand its RWA ecosystem across multiple blockchains, integrating with Layer 1 networks like Solana [2][4] - The consortium will focus on community engagement, education, and adoption through reward programs and events, including a physical debut at Solana Breakpoint [7] Group 2: Financial Metrics and Market Position - Figure has originated over $19 billion in on-chain loans to date and holds a 70% market share in the RWA private credit sector, positioning it as a leader in bridging traditional credit markets with DeFi [2][8] - The company provides access to yields generated from its $1 billion+ monthly on-chain loan originations through the Democratized Prime platform [5][8] Group 3: Partnerships and Technological Integration - Kamino Finance will act as the exclusive on-chain credit and lending partner, enhancing the utility of the PRIME token across its product offerings [5][12] - Chainlink will serve as the official oracle infrastructure for Hastra's yield products, ensuring high-integrity data and enabling cross-chain interoperability [5][12] - Other partners include Raydium for liquidity infrastructure, CASH for stablecoin support, and Gauntlet for risk management, collectively enhancing the ecosystem for RWA tokens on Solana [12]

Core Insights - Figure Technology Solutions has announced a $25 million strategic investment from Ondo Finance in its $YLDS stablecoin, enhancing the yield source for Ondo's flagship tokenized fund, OUSG [1][2] - The partnership aims to strengthen the position of $YLDS in the tokenized real-world assets market and accelerate institutional adoption of on-chain finance [3][5] Company Overview - Figure Technology Solutions operates a blockchain-based capital marketplace, having originated over $19 billion in home equity financing, making it the largest non-bank provider in this sector [4][5] - The company’s ecosystem includes various components such as Figure Connect, a consumer credit marketplace, and Democratized Prime, an on-chain lending platform [4] Product Details - $YLDS is a registered security that pays interest to holders and is backed by the same assets as GENIUS Act stablecoins, providing a unique investment opportunity [2][4] - The integration of $YLDS into OUSG's yield strategy is expected to diversify and institutionalize the ecosystem supporting Ondo's products [3] Strategic Importance - The investment from Ondo Finance is seen as a natural connection due to both companies' strong presence in tokenized Real-World Assets (RWAs) [2][3] - This collaboration is positioned to enhance Figure's expansion efforts, particularly around its DeFi platform, Democratized Prime [2][3]

Core Insights - Figure Technology Solutions has announced a $25 million strategic investment from Ondo Finance in its $YLDS stablecoin, enhancing the yield source for Ondo's flagship tokenized fund, OUSG [1][2][3] - The partnership aims to strengthen the position of $YLDS in the tokenized real-world assets market and accelerate institutional adoption of on-chain finance [3][5] Company Overview - Figure Technology Solutions operates a blockchain-based capital marketplace, having originated over $19 billion in home equity financing, making it the largest non-bank provider in this sector [4][5] - The company’s ecosystem includes various components such as Figure Connect, a consumer credit marketplace, and Democratized Prime, an on-chain lending platform [4] Product Details - $YLDS is a registered security that pays interest to holders and is backed by the same assets as GENIUS Act stablecoins, providing a unique utility in the market [2][4] - The integration of $YLDS into OUSG's yield strategy is expected to diversify and institutionalize the ecosystem supporting Ondo's products [3][4] Strategic Importance - The investment from Ondo Finance is seen as a natural connection due to both companies' strong presence in tokenized Real-World Assets (RWAs) [2][3] - This collaboration is positioned to enhance Figure's expansion efforts, particularly around its DeFi platform, Democratized Prime [2][3]

Core Insights - Figure Technology Solutions, Inc. is a leading blockchain-native capital marketplace focused on on-chain loan products and tokenized assets [1][4] - The company will participate in two investor conferences on December 10, 2025, featuring key executives [2][3] Company Overview - Figure has originated over $19 billion in home equity loans, making it the largest non-bank provider of home equity financing [4] - The company operates a comprehensive ecosystem that includes Figure Connect, DART (Digital Asset Registry Technology), and $YLDS, a yield-bearing stablecoin [4] - Figure is recognized as a market leader in real-world asset (RWA) tokenization, with its recent securitization receiving an AAA rating from S&P, marking a significant achievement in blockchain finance [5]

Core Viewpoint - Figure Technology Solutions, Inc. has announced a registration statement for the proposed offering of its Series A Blockchain Common Stock, marking a significant advancement in blockchain-native capital markets and aiming to enhance efficiency and risk management in the securities market [1][3][5] Group 1: Blockchain Stock Offering - The Blockchain Stock will be a blockchain-native equity security, convertible into shares of Figure's Class A Common Stock on a one-for-one basis, and will trade on Figure's alternative trading system [1][6] - This offering is expected to be non-dilutive to existing shareholders, with shares of Class A Common Stock sold by existing investors to underwriters [6][7] - The offering will utilize a blockchain-only securities stack, eliminating the need for traditional centralized intermediaries and allowing for self-custody and self-settlement [2][6] Group 2: Market Innovations - The Blockchain Stock will trade 24/7 and allow holders to lend their stock transparently, capturing economic benefits during high lending rates [4][5] - Figure's $YLDS, the first SEC-registered transferable yielding stablecoin, will be used for settlement in the secondary market [6][12] - The offering sets multiple industry firsts, including direct on-chain governance for shareholders, enabling secure and transparent voting without intermediaries [6][12] Group 3: Company Background - Figure is a leader in real-world asset tokenization, having originated over $19 billion in home equity loans, making it the largest non-bank provider of home equity financing [12][13] - The company operates a comprehensive ecosystem that includes a loan origination system, a capital marketplace, and a digital asset registry technology [12] - Figure's recent securitization received an AAA rating from S&P, highlighting its credibility in blockchain finance [13]

Core Insights - Figure Technology Solutions announced its subsidiary Figure Certificate Company plans to mint $YLDS, a registered public debt security on Solana, designed to maintain a fixed dollar price and provide a continuous yield backed by U.S. Treasuries and Treasury repo agreements [1] - The collaboration with Provenance Blockchain Foundation aims to enhance Solana's decentralized finance capabilities, allowing users to access yield from various Figure assets, including loans [2] - Figure's ecosystem has originated over $19 billion in home equity financing, making it the largest non-bank provider in this sector [3] Group 1 - $YLDS is a security-version of stablecoin, intended to maintain a fixed dollar price and offer a continuous yield [1] - Exponent Finance will be the first user of $YLDS, integrating it into their yield exchange platform on Solana [1] - Figure aims to expand its collaboration with Provenance Blockchain through additional Solana-native integrations [2] Group 2 - Figure's ecosystem includes DART for asset custody and lien perfection, and $YLDS as an SEC-registered yield-bearing stablecoin [4] - $YLDS offers immediate practical applications, powering Figure's Democratized Prime product and integrating with Exponent Finance's yield exchange protocol [4] - The stablecoin is designed to be a dependable base asset for developers in Solana's DeFi ecosystem, providing institutional-grade credibility due to Figure's compliance-first approach [4]

Core Insights - Figure Technology Solutions reported strong financial results for Q3 2025, highlighting significant growth in net income and revenue, driven by its blockchain-native capital marketplace for tokenized assets [2][4][7]. Financial Performance - Net Revenue for Q3 2025 reached $156.4 million, a 55% increase year-over-year from $101.0 million in Q3 2024 [4][24]. - Net Income surged 227% year-over-year to $89.8 million, compared to $27.4 million in Q3 2024 [4][24]. - Adjusted EBITDA increased 75% year-over-year to $86.4 million, with an Adjusted EBITDA margin of 55.4%, up from 44.9% in Q3 2024 [4][24]. - Earnings per Share (EPS) for the quarter were $0.42 (basic) and $0.34 (diluted), reflecting increases of 367% and 278% respectively compared to the previous year [4][24]. Business Highlights - Consumer Loan Marketplace volume reached $2.5 billion in Q3 2025, marking a 70% increase from the prior year [7][8]. - Figure Connect volume accounted for 46% of the Consumer Loan Marketplace volume, with a total of $1.1 billion in the quarter [7][8]. - The company completed its initial public offering on September 12, 2025, raising net proceeds of $663 million from the issuance of 36 million shares [7][8]. Ecosystem and Partnerships - Figure's ecosystem includes 246 active partners, with the addition of a major loan servicer in the U.S. [11]. - The company launched new product categories, generating over $80 million in volume during Q3 2025, including Crypto Backed Loans and HELOC for Seniors [11]. - Figure's Democratized Prime platform now includes three classes of loans, with Synergy One as its first institutional client [11]. Market Position - Figure is recognized as a leader in the tokenization of real-world assets, with over $18 billion in loans originated to date [19][20]. - The company's recent securitization received a AAA rating from S&P and Moody's, marking a significant achievement in blockchain finance [20].

Core Insights - Figure Technology Solutions, Inc. announced the minting of $YLDS, a registered public debt security stablecoin, on the Solana blockchain, aimed at providing fiat on/off ramp capabilities and continuous yield backed by U.S. Treasuries [1][2] - The collaboration with Provenance Blockchain aims to enhance real-world asset applications in decentralized finance (DeFi) on Solana, allowing users to access yields from various Figure assets [2][4] - $YLDS is designed to serve multiple applications including payments, cross-border remittances, and yield generation, with Exponent Finance being the first platform to utilize it [1][3] Company Overview - Figure Technology Solutions operates a capital marketplace that connects origination, funding, and secondary market activities, having originated over $19 billion in home equity financing [5] - The company is recognized as a leader in real-world asset tokenization, with its recent securitization receiving a AAA rating from S&P, marking a significant achievement in blockchain finance [7] Product Features - $YLDS offers real-world utility by providing immediate applications in DeFi, being backed primarily by U.S. Treasuries and already integrated into Figure's existing products [6] - The stablecoin is built for composability within Solana's DeFi ecosystem, allowing developers to integrate it into their protocols easily [6] - Figure's compliance-first approach and the SEC registration of $YLDS provide institutional-grade credibility, distinguishing it from speculative projects in the market [6]

Core Insights - Figure Technology Solutions is a leading blockchain-native capital marketplace focused on on-chain loan products and tokenized assets [1][3] - The company has originated over $18 billion in home equity financing, making it the largest non-bank provider in this sector [3] - Figure's ecosystem includes innovative components such as Figure Connect and Democratized Prime, along with DART for asset custody and $YLDS, a yield-bearing stablecoin [3][4] Company Participation - Michael Tannenbaum, CEO, and Macrina Kgil, CFO, will participate in a virtual fireside chat hosted by Goldman Sachs on October 23, 2025 [1] - The event will be accessible via a live webcast on Figure's Investor Relations page [2] Market Position - Figure is recognized as the market leader in real-world asset (RWA) tokenization, with its recent securitization receiving AAA ratings from S&P and Moody's [4]