Figure Markets Launches Global Crypto Exchange with Blockchain Leverage

Figure Markets, a leading decentralized custody marketplace for digital assets, has unveiled its global crypto exchange, based in the Cayman Islands, offering a comprehensive range of new features and yield-earning opportunities for users worldwide. The exchange is a key step in Figure Markets' mission to democratize finance by providing users with robust trading options and sophisticated financial products.

Key Features of the New Global Crypto Exchange

• High Cash Leverage: The platform provides users with high leverage options, allowing them to amplify their trading potential and potentially increase their returns.
• Yield-Earning Cash Sweeps: Users can earn up to 8% annualized on cash and stablecoin balances through a new yield sweep feature. This innovative feature offers users passive income on their idle funds, directly addressing a key need for traders and investors.
• Decentralized Custody: Figure Markets leverages blockchain technology to provide decentralized custody solutions, ensuring users retain complete control over their digital assets. This approach mitigates the risks associated with traditional centralized exchanges.
• Cross-Collateralization: Users can cross-collateralize their positions seamlessly, enabling them to use balances in one crypto asset to trade another, providing greater flexibility and efficiency.

Focus on Democratizing Finance through Blockchain

Figure Markets' commitment to democratizing finance is evident in its approach to building the new exchange. By offering advanced trading options and financial products while prioritizing user control and security, the company aims to level the playing field for traders and investors of all experience levels.

The Power of Blockchain in Yield Generation

The yield-earning cash sweep feature is a prime example of how Figure Markets is leveraging blockchain technology to create innovative and rewarding opportunities for users. The yield is generated through a unique fund backed by real-world assets on the blockchain, providing daily liquidity and automatic sweeps to ensure user funds are constantly generating returns.

Figure Markets' Vision for the Future of Finance

Figure Markets is building a comprehensive platform that encompasses various asset classes, including crypto, stocks, bonds, credit, and more. The company's goal is to create a decentralized custody marketplace that seamlessly connects traders and investors with the financial tools and opportunities they need.

Key Partnerships and Funding

Figure Markets is backed by a consortium of leading venture capital firms and strategic partners, including Jump Crypto, Pantera, Distributed Global, Faction Lightspeed, NewForm Capital, and CMT Digital. The company's founding team comprises experienced entrepreneurs and operators from TradFi, fintech, and DeFi, ensuring a robust and diverse approach to building the future of finance.

About Figure Markets

Figure Markets is a company dedicated to democratizing finance through blockchain technology. The company aims to create a decentralized custody marketplace that offers a comprehensive range of financial products and services, including crypto trading, lending, borrowing, and investing. Figure Markets prioritizes user control and security, leveraging blockchain technology to ensure transparency, security, and efficiency.

Contact Information

For media inquiries, contact Paula Jackler, Director of Marketing at press@figuremarkets.com.