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October 7, 2025 36 mins

Mike Cagney, the founder of Figure joins the show. In this episode we discuss:

  • The process of taking Figure public in September 2025.
  • The market structure for tokenized securities.
  • Perspectives on the key issues being debated in the context of The Clarity Act.
  • Reg NMS considerations for blockchain assets.
  • The impact of stablecoins on the banking sector.
  • The original thesis of Figure and the attractiveness of the HELOC market.
  • The Provenance Blockchain
  • Competition versus legacy financial services firms.

To learn more about Figure visit figure.com. Follow Mike on X. Follow Figure on X.

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