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Figure unveils solution for private companies to raise, manage and trade equity from a single platform

Figure Technologies has launched a blockchain-powered solution that allows private companies to raise, manage, and trade equity on a single platform.

Figure Equity Solutions is a full-stack equity management platform that supports seamless primaries and secondaries with automatic cap table updates pre-and-post-event. 

To showcase the technology, the company successfully closed a secondary offering through its SEC-registered trading platform. Shares traded bilaterally, with instant settlement and minimal counterparty risk. The transaction also leveraged USDF, a new bank-backed, digital marker that allows for real-time settlement of securities transactions on the Provenance Blockchain.

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