Core Insights - Figure Technology Solutions plans to report its Fourth Quarter and Full Year 2025 results on February 26, 2026, after market close, followed by a conference call at 4:30 p.m. Eastern Time [1] Company Overview - Figure Technology Solutions, Inc. is a blockchain-native capital marketplace that connects origination, funding, and secondary market activity, with over 200 partners utilizing its loan origination system [3] - The company has originated over $21 billion in home equity financing, making it the largest non-bank provider in this sector [3] - Key components of Figure's ecosystem include Figure Connect, a consumer credit marketplace, and Democratized Prime, an on-chain lend-borrow marketplace [3] - Figure also utilizes DART (Digital Asset Registry Technology) for asset custody and lien perfection, and offers $YLDS, an SEC-registered yield-bearing stablecoin [3] Market Position - Figure is recognized as the market leader in real-world asset (RWA) tokenization, with its recent securitization receiving a AAA rating from S&P and Moody's, marking a significant achievement in blockchain finance [4]

NEW YORK, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Figure Technology Solutions (“Figure”, Nasdaq: FIGR), the leading blockchain-native capital marketplace for the origination, funding, sale and trading of on-chain private credit and tokenized real-world assets (RWAs), today announced that it will be taking on the responsibility of executing the community directives for the Provenance Blockchain Foundation. Figure proposed this change to the Provenance Blockchain community in late December, and on January 14, 2026, ...

Figure stock will be the first public equity trading native on public blockchain; BitGo, Jump Trading Group sign on to supportNEW YORK, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Building on the success of over $20 billion in loans originated on public blockchain, Figure has launched the On-Chain Public Equity Network (OPEN), allowing companies to list their equity native on blockchain. Unlike other tokenization efforts, OPEN equities are blockchain registered, not a tokenized version of Depository Trust and Clearin ...

Core Viewpoint - Figure Technology Solutions reported strong preliminary operating data for December 2025 and Q4 2025, indicating significant growth in its consumer loan marketplace and other key metrics [1][2]. Group 1: Consumer Loan Marketplace Performance - In December 2025, the Consumer Loan Marketplace volume reached $869 million, a 2% increase from November 2025 and a 134% increase year-over-year from December 2024 [2]. - For Q4 2025, the Consumer Loan Marketplace volume totaled $2.705 billion, reflecting a 10% increase from Q3 2025 and a 131% increase year-over-year from Q4 2024 [2]. Group 2: Key Metrics Growth - The $YLDS in circulation rose to $328 million in December 2025, a 198% increase from November 2025 and a significant increase of 1,462% from Q3 2025 [2]. - Matched Offers balance in the Democratized Prime platform reached $206 million in December 2025, up 442% from November 2025 [2]. - Borrower Demand surged to $246 million in December 2025, a 435% increase from November 2025 [2]. - Available Lender Supply also increased to $213 million in December 2025, a 353% rise from November 2025 [2]. Group 3: Company Overview - Figure Technology Solutions is a blockchain-native capital marketplace that connects origination, funding, and secondary market activities, with over 200 partners and more than $21 billion in home equity originated to date [10][11]. - The company is recognized as a market leader in real-world asset tokenization, with its recent securitization receiving AAA ratings from S&P and Moody's, marking a significant milestone in blockchain finance [11].

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]

Summary of Figure Technology Solutions Conference Call Company Overview - **Company**: Figure Technology Solutions (NasdaqGS:FIGR) - **Industry**: Fintech and Blockchain Technology - **CEO**: Michael Tannenbaum, who took over in 2024 and led the company through its IPO in September 2025 Core Business Model - Figure is building a future capital market on blockchain technology, focusing on tokenized loans, particularly in the mortgage space - The company has developed a platform that allows partners to originate assets in five days for $1,000, compared to the industry average of 45 days and $12,000 [4][10] Financial Performance - Figure currently does about $1 billion in average monthly originations, with a total mortgage market of $2 trillion annually [7] - The company has achieved a robust adjusted EBITDA margin of 55% in Q3 2025 [61] Strategic Priorities 1. **Expansion in Mortgage Space**: Targeting the $35 trillion home equity market, with a focus on flexible HELOC products [10] 2. **Product Diversification**: Introducing debt service coverage ratio (DSCR) loans and residential transition loans [11] 3. **Blockchain Integration**: Utilizing a stablecoin (YLDS) for loan settlement and servicing, with growing volume in the marketplace [12] Market Position and Growth - Figure has added 78 originating partners in Q3 2025, more than in the entirety of the previous two years [16] - The company is positioned to capture a significant share of the mortgage market, especially in smaller balance mortgages [35] - The HELOC product is gaining traction as a preferred financing option for small businesses and home improvement projects [19] Competitive Advantages - Figure's integrated technology and capital market approach allow for lower origination costs and faster processing times, making it attractive to banks and credit unions [22][23] - The company emphasizes liquidity and has facilitated $20 billion in mortgage transactions, with $70 billion in transaction activity [13] Tokenization and Future Opportunities - Figure is exploring tokenized equities and has launched a non-dilutive secondary offering that trades on blockchain [52] - The company aims to standardize and tokenize various asset classes, enhancing control and democratization for asset owners [53] Conclusion - Figure Technology Solutions is positioned for significant growth in the fintech and blockchain space, with a focus on innovation, cost efficiency, and expanding its product offerings across various asset classes [64]

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.

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 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]