Mike Cagney (Figure) on Blockchain Capital Markets (EP.673)

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.

Check out this episode!