We’re officially announcing OPEN (On-chain Public Equity Network), running on @provenancefdn , which will enable companies to list public equity natively on blockchain, not as tokenized DTCC securities.
OPEN brings issuance, trading, and financing of public equities fully on-chain, with continuous trading via Figure’s ATS and new on-chain capital market mechanics.
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Figure plans to be the first issuer on OPEN, with institutional participants already committing to support the network, including @BitGo and Jump Trading Group.
Date for first public equity trading commencing on OPEN will be announced soon via @Figure.
Read the full announcement ↓
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The On-Chain Public Equity Network (OPEN) includes a variety of services offered by the Figure Group of companies, which include its Alternative Trading System (“Figure ATS”) operated by Figure Securities, Inc., member FINRA/SIPC. Figure Securities, Inc. is a wholly owned subsidiary of Figure Technology Solutions, Inc.
Check the background of this firm on FINRA's BrokerCheck here: brokercheck.finra.org/firm/sum...…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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