ChainCatcher news, the digital asset division of the crypto startup Figure, has launched the decentralized crypto asset custody marketplace Figure Markets Exchange. This platform utilizes decentralized multi-party computation (MPC) wallet custody and offers remote custody solutions for bankruptcy, with domestic users' dollar deposits held in FDIC-insured banks.Figure Markets currently offers decentralized custody powered by multi-party computation technology, high leverage, FDIC insurance, and flexible deposit and withdrawal options.

ChainCatcher news, according to Bloomberg, the bankrupt cryptocurrency exchange FTX has sold $2.6 billion worth of discounted Solana tokens after weeks of auction, with Figure Markets and Pantera Capital being among the latest buyers.According to insiders, Figure purchased 800,000 tokens for about $80 million, at approximately $102 per token, significantly discounted compared to Friday's market price of $166.

ChainCatcher news, according to The Block, in a recent asset auction conducted by the FTX estate, Figure Markets purchased 784,000 SOL for $80 million, with a purchase price of $102 each.

ChainCatcher news, the U.S.-based fintech company Figure Technologies today announced the establishment of an independent company named Figure Markets, which is the "first step" in developing a single platform for investors to trade various blockchain-native assets, including cryptocurrencies, stocks, and alternative investments.Figure Markets has completed a $60 million Series A funding round, led by Jump Crypto, Pantera Capital, and Lightspeed Faction. Other participants include Distributed Global, Ribbit Capital, and CMT Digital.Figure stated that the company is also committed to developing a registered secure alternative to stablecoins for its ecosystem.

ChainCatcher news, according to Bloomberg, cryptocurrency startup Figure is seeking approval from the U.S. Securities and Exchange Commission to issue an interest-bearing stablecoin, having submitted an S-1 form. This move aims to create a new type of stablecoin with federal legitimacy, and if successful, Figure will become the first stablecoin blockchain financial company regulated as a security in the U.S.In addition, Figure's digital asset division, Figure Markets, plans to complete a $50 million funding round at a $250 million valuation (excluding the financing amount), with Jump Crypto potentially acting as the lead investor. The funds will be used to support the operations of Figure Markets.