The Block: Mike Cagney’s Figure completes first securitization on blockchain, claiming to help reduce costs by over 100 basis points

  • Wednesday, 11 March 2020 10:01
Figure Technologies, the blockchain lending startup founded by former SoFi CEO Mike Cagney, has completed its first asset-backed securitization process on a blockchain. The post Mike Cagney’s Figure completes first securitization on blockchain, claiming to help reduce costs by over 100 basis points appeared first on The Block.

Additional Info

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.

Our main goal is to make crypto grow by making news and information more accessible for the masses.