TechFlow news: U.S.-based fintech company Figure Technologies announced today the formation of a new independent company called Figure Markets, marking the "first step" toward developing a single platform for investors to trade various blockchain-native assets, including cryptocurrencies, stocks, and alternative investments.
Figure Markets has secured $60 million in Series A funding led by Jump Crypto, Pantera Capital, and Lightspeed Faction. Other participants include Distributed Global, Ribbit Capital, and CMT Digital.
Figure stated that the company is also working on developing a registered securities alternative to stablecoins for use within its ecosystem.
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