Figure Technology unveils blockchain platform for direct stock lending

Figure Technology has announced the launch of an on-chain equity system that enables real shares to be issued and lent directly on blockchain infrastructure. This innovative platform is designed to enhance transparency and liquidity in the stock lending market, aiming to streamline processes traditionally associated with stock lending. By leveraging blockchain technology, the platform is expected to ensure secure transactions and faster processing times, allowing investors to manage their shares more conveniently and optimize their asset utilization. Industry experts believe that this technology holds the potential to transform trading flows in capital markets, especially with the increasing adoption of digital assets, which is anticipated to significantly boost growth opportunities for investors.