Figure launches Figure Forge service, enabling crypto loans and other RWAs to be minted as standardized participation tokens
Foresight News reported that Figure, a blockchain capital markets company, has launched Figure Forge, according to a tweet by co-founder and executive chairman Mike Cagney. This service enables blockchain-native loans and other RWAs to be minted as standardized Participation Tokens. Initially, it will be used in the Democratized Prime DeFi market operated on the Provenance blockchain fund, and will offer users additional yield options through the Hastra protocol. A limit order book funded by Figure will support liquidity.
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