Figure co-founder to launch The Wallet Co mobile app

Foresight News reports that Figure co-founder and executive chairman Mike Cagney announced on Twitter that they will launch a mobile application called The Wallet Co. The Wallet Co aims to combine the ease of use of modern financial technology with self-custody and blockchain-native products. The app will offer interest-bearing cash for spending, real-world asset yields, securities prediction markets, and AI agents embedded in every wallet.