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Figure Launches Figure Forge Service to Mint Crypto Loans and RWAs into Standardized Participation Tokens

GateNews
Project ProgressPartnerships & Ecosystem
Source: foresightnews

Gate News reports that on March 20, blockchain capital market company Figure co-founder and CEO Mike Cagney announced via Twitter that Figure has launched the Figure Forge service. This service can convert blockchain-native loans and other RWA into standardized participation tokens. Initially, it will be used in the Democratized Prime DeFi market operating on the Provenance blockchain fund, and will offer additional yield options to users through the Hastra protocol. The limited order book funded by Figure will support liquidity.

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