1日前
Bernstein: Figure’s May 11 Q1 earnings highlight blockchain marketplace model
Bernstein analysts said on Friday that Figure Technology Solutions’ May 11 first-quarter earnings report underscores how the company differs from balance sheet-based fintech lenders. The firm beat Wall Street expectations on revenue and EBITDA, and Bernstein argued FIGR could increasingly trade as a proxy for onchain loan volumes as its blockchain-native credit ecosystem scales.
ETH
ETH-2.51%
1日前
3-29
xStocks and Fundrise plan onchain launch of VCXx tied to Innovation Fund
xStocks has partnered with Fundrise to tokenize the newly public, closed-end Fundrise Innovation Fund, which holds private-company stakes including Anthropic, Databricks and SpaceX. The tokenized product, VCXx, is expected to go live on xStocks in the coming days following a Friday announcement, after the fund recently began trading on the NYSE. The launch comes as tokenized equities surpassed $1 billion in total onchain value earlier this month, with RWA.xyz data showing Ondo at about 58% market share and xStocks-issued products at roughly 24%.
ADA
ADA-1.10%
3-29