Figure’s YLDS Security Token Launches on Sui, Enhancing U.S. DeFi Liquidity
The post Figure’s YLDS Security Token Launches on Sui, Enhancing U.S. DeFi Liquidity appeared on BitcoinEthereumNews.com.
Iris Coleman Oct 14, 2025 07:57 Figure collaborates with Sui to launch YLDS, an SEC-registered security token, expanding regulated financial product access and enhancing U.S. DeFi liquidity. Figure Technologies has partnered with Sui to launch its flagship YLDS security token, aiming to enhance the U.S. DeFi landscape. Following Figure’s recent Nasdaq IPO, this move signals a strategic shift towards expanding access to regulated financial products within the Sui ecosystem, according to the Sui Foundation. YLDS: A New Era for Regulated DeFi YLDS is an SEC-registered debt security backed by short-term treasury securities, offering a yield of SOFR minus 35 basis points with daily accrual and monthly payments. This security is available to both individual and institutional investors, enabling instant peer-to-peer transfers and 24/7 liquidity. The deployment of YLDS on Sui marks a significant step in democratizing access to institutional-grade financial products by removing traditional intermediaries. Mike Cagney, co-founder and Executive Chairman of Figure, emphasized that issuing YLDS on Sui is part of a broader initiative to deploy yield-bearing security tokens across multiple blockchain networks. This initiative aims to level the playing field and provide broader access to compliant financial products. Sui’s Role in the U.S. DeFi and RWA Sectors Sui’s collaboration with Figure is part of a series of strategic partnerships that are propelling the platform to the forefront of the U.S.-based real-world asset (RWA) and DeFi sectors. The introduction of YLDS on Sui’s network integrates compliant, scalable infrastructure that supports the next generation of digital financial services. Evan Cheng, Co-Founder & CEO of Mysten Labs, the original contributor to Sui, highlighted that YLDS represents a significant upgrade for regulated DeFi, offering institutions access to compliant and dynamic assets with the security and speed unique to Sui. Enhancing DeepBook’s Margin Trading The…
