Filing: Figure, a blockchain and lending startup founded by ex-SoFi CEO Mike Cagney, seeks approval from US regulators to issue an interest-bearing stablecoin (Bloomberg)
Bloomberg:
Filing: Figure, a blockchain and lending startup founded by ex-SoFi CEO Mike Cagney, seeks approval from US regulators to issue an interest-bearing stablecoin — – Company has filed S-1 form in hope to register the stablecoin — Figure’s digital asset arm plans to raise $50 million round