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Figure launches Figure Markets entity after raising $60 million in Series A funding

Figure launches Figure Markets entity after raising $60 million in Series A funding

CointimeCointime2024/03/18 11:40
By:Cointime

Financial technology company Figure Technologies announced today that it will establish an independent company called Figure markets, which is the "first step" in developing a single platform for investors to trade various blockchain native assets, including cryptocurrencies, stocks, and alternative investments. Prior to its launch, Figure Markets raised over 60 million US dollars in Series A financing led by Jump Crypto, Pantera Capital, and Lightspeed Faction. Other participants include Distributed Global, Ribbit Capital, and CMT Digital. Figure also stated that the company is committed to developing a stablecoin as a secure alternative to registration for its ecosystem.

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