Figure Proposes Solana-Native IPO for Regulated Onchain Equity
The post Figure Proposes Solana-Native IPO for Regulated Onchain Equity appeared on BitcoinEthereumNews.com.
Figure Technology has filed for an IPO with the U.S. Securities and Exchange Commission to issue Solana-native equity, enabling regulated onchain shares tradable via DeFi without traditional brokers or exchanges. This blockchain-native approach allows real-time settlement and integration with lending and liquidity protocols on Solana. Figure’s Solana-native equity bypasses Nasdaq and brokers, using its own alternative trading system for direct onchain transactions. Onchain shares enable real-time settlement and seamless integration with DeFi for collateral in lending and borrowing activities. Approval would allow parallel listings, giving investors options between traditional Nasdaq shares and tokenized Solana equity, as per SEC filings and executive statements. Discover Figure’s innovative Solana-native equity IPO filing for blockchain-traded shares. Explore how this regulated DeFi integration could transform equity markets—read on for key details and implications. What is Figure’s Solana-Native Equity IPO? Figure’s Solana-native equity IPO represents a pioneering effort to issue company shares directly on the Solana blockchain, bypassing conventional stock exchanges and intermediaries. The filing, submitted to the U.S. Securities and Exchange Commission, outlines a structure where equity tokens function as regulated securities tradable through decentralized protocols. This approach leverages Solana’s high-speed infrastructure to enable instant settlements and broader financial utility, such as using shares as collateral in DeFi applications, fundamentally bridging traditional finance with blockchain technology. How Does Solana-Native Equity Integrate with Traditional Markets? Figure Technology’s proposal allows for parallel equity offerings, where investors can select between standard Nasdaq-listed shares and their blockchain counterparts on Solana. The onchain version would operate via Figure’s proprietary alternative trading system, akin to a decentralized exchange, eliminating the need for brokers like Robinhood or prime brokers such as Goldman Sachs. According to the SEC filing, this tokenized equity settles in real time, contrasting with the T+1 or longer cycles in legacy systems, and permits holders to engage in DeFi…
