Figure Technology Solutions (FIGR), the blockchain firm helmed by former SoFi CEO Mike Cagney, is planning on taking on Fannie Mae and Freddie Mac in first-lien mortgages. Speaking at Consensus Miami, Cagney cited origination costs of $1,000 on the firm’s blockchain platform against $11,000 through the GSEs, the federally chartered firms that buy mortgages from
Bitcoin ($BTC) has climbed above $80,000 for the first time in a long while, and it is predicted that the markets could experience movement in either direction. While investors are opting for caution, Coinshares has released its cryptocurrency report, stating that there were $117.8 million in inflows last week. “Cryptocurrency investment products saw inflows of
Shares of Figure Technology Solutions have risen nearly 10% over the past month, but the stock still appears undervalued as the company pivots beyond its roots as a fintech lender, according to Bernstein. In a Tuesday research note, the firm reiterated its “Outperform” rating on Figure (FIGR), with a $67 price target, implying roughly 67%
U.S. stocks opened higher in a modest risk-on move, led by AI‑linked storage names like Micron and Western Digital, even as PayPal dropped about 10% on weak profit guidance. U.S. equities opened in the green, with the Dow up 0.45%, the S&P 500 up 0.57%, and the Nasdaq up 0.76%, reflecting a modest risk-on tone
Meta’s quiet rollout last week of $USDC creator payouts in Colombia and the Philippines, four years after the company sold its failed Diem stablecoin (formerly Libra) assets to Silvergate Bank for $182 million, has revived the old question of whether Big Tech is finally coming for retail finance. The answer in 2026 is yes, but
Animoca Brands, the Hong Kong-based digital asset investment firm co-founded by Yat Siu, said it’s boosting funding for early-stage ventures using its Minds platform, a system designed to support persistent AI agents. The $10mn funding initiative will focus on projects across sectors such as gaming, finance and productivity, with funding awarded on a rolling basis,
Miami Beach, FL — A growing group of Wall Street and crypto executives say the financial system is heading toward a breaking point, as markets shift from human-paced processes to machine-driven activity that runs around the clock. “We’re moving to a world where transactions happen at a speed no human can track,” Sandy Kaul, head
A new CAD stablecoin has officially entered the Canadian financial system following regulatory approval in Alberta. Tetra Trust Company unveiled CADD, a one-to-one Canadian dollar-backed token delivered under a governed financial system. CADD is now live on Base, Ethereum, and Tempo network systems, with plans aiming to extend to Solana. CAD stablecoin brings regulated settlement
Coinbase said Tuesday it had chosen Centrifuge as its preferred tokenization infrastructure and made a strategic investment in the firm. Under the deal, Centrifuge is positioned to serve as the default issuance layer for tokenized assets across Coinbase’s ecosystem, including products on Base. The first wave of institutional assets is expected to launch on Base