user-avatar
Jai Hamid

Figure’s OPEN network uses Provenance blockchain for on-chain public equity issuance and trading

On January 14 2026, Figure announced OPEN, an On-Chain Public Equity Network built on the Provenance blockchain for issuing real equity as tokenized shares. The platform is designed to let companies place stock directly on-chain and have those tokens trade on a decentralized venue, while investors can lend or borrow shares with fewer intermediaries. Figure, which raised $787.5 million in its September IPO, expects digital-asset treasury firms such as Strategy Inc. to use OPEN so investors can buy shares with cryptocurrencies like Solana.