Figure will issue its on-chain tokenized stock on Thursday

MarsBitNews · 2026-02-20T01:48:48+00:00

Figure Technology Solutions will issue stock tokens FGRD this Thursday, traded on the Onchain Public Equity Network (OPEN) platform, eliminating traditional clearing systems. The tokenized stock offering has expanded to a scale of 150 million USD, attracting venture capital participation.

MarsBitNews

2026-02-20 01:48:48

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Mars Finance reports that Figure Technology Solutions will issue its tokenized stock version on the blockchain this Thursday. The stock token, named FGRD, will be issued, traded, and settled on Figure’s blockchain-based stock and lending platform Onchain Public Equity Network (OPEN), without relying on traditional clearing and custody systems. Stock token holders will be able to borrow and lend through Figure’s DeFi marketplace. This tokenized stock listing coincides with its secondary public offering, which has expanded to a fundraising scale of $150 million, with venture capital firms participating in the deal.

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