Published on
February 20, 2026
Figure to Tokenize Stock On-Chain Launch This Week
Figure will tokenize its stock as FGRD on Figure's OPEN platform; $150M offering expanded with Pantera Capital.
Figure Technology Solutions is set to make waves in the financial technology space as it prepares to launch its on-chain tokenized stock this Thursday. The token, named Figure Stock Tokens (FGRD), will be issued, traded, and settled through the company's Onchain Public Equity Network (OPEN). This innovative platform eliminates the need for traditional clearing and custody systems, offering a streamlined, blockchain-based approach to stock trading.
Holders of these tokenized stocks will also have the opportunity to participate in lending through Figure's decentralized finance (DeFi) marketplace. This unique feature aims to provide additional utility and flexibility for investors.
The launch of Figure's tokenized stock coincides with the company's second public offering, which has been expanded to $150 million. Venture capital firm Pantera Capital is among the participants in this funding round, signaling strong interest and backing for the initiative.
As Figure Technology Solutions continues to push the boundaries of blockchain-based financial products, this latest development showcases its commitment to driving innovation in the securities marketplace.
"Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions."
