Transforming the financial services industry using blockchain.
Figure provides a range of blockchain-enabled solutions for institutions and individuals, including digital fund services for simplifying fundraising, distribution, and secondary trading for the private fund market. The company is using Provenance, a public, open-source, permissionless, decentralized blockchain, for its digital asset marketplaces including lending, capital table management, fund management and administration, and payments application.
Figure Technology Solutions, provider of a scaled technology, announced the appointment of Michael Tannenbaum as Chief Executive Officer.
Figure Technology Solutions has named Michael Tannenbaum as CEO and a member of the board of directors, effectively immediately.
Bankers face a Catch-22: Pay more to retain balances and, in doing so, shrink margins and alienate investors — or pay less to maximize margins …