• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

New Global Crypto Exchange with High Returns on Cash and Stablecoins

user avatar

by Giorgi Kostiuk

2 years ago

  1. Launch of Global Exchange
  2. New Opportunities for Users
  3. High Yields and Prospects


    4. Figure Markets, a leading decentralized custody marketplace for digital assets, has announced the launch of its new global crypto exchange based out of the Cayman Islands. The new platform offers a wide array of new features and yield-earning opportunities.

    Launch of Global Exchange

    Following a successful U.S. launch in August, Figure Markets is expanding its operations with the launch of a global crypto exchange licensed in the Cayman Islands. This is part of the company's mission to democratize finance by providing advanced financial products to users worldwide.

    New Opportunities for Users

    The platform offers a new yield sweep for cash and stablecoin balances with rates up to 8% annualized. U.S. users may earn up to 3% annualized on USD balances held at an FDIC-insured bank. These yields are generated from an innovative fund backed by real-world assets on blockchain.

    High Yields and Prospects

    The platform also offers qualified members up to 5:1 margin and enables cross-collateralization of positions. Additionally, the company plans to introduce higher and expanded leverage offerings by year-end.

    Figure Markets is making a significant step towards democratizing finance by offering global trading opportunities and innovative financial products to users.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

ChatGPT Enhances Financial Advice with New Feature

chest

ChatGPT's new personal finance feature enhances financial advice by analyzing users' spending data from the last 90 days to create personalized financial plans.

user avatarEmily Carter

OpenAI Introduces Personalized Finance Feature in ChatGPT

chest

OpenAI has launched a new personal finance feature in ChatGPT that connects to users' actual bank accounts, providing tailored financial advice based on their spending habits.

user avatarTomas Novak

Hana Financial Group Makes Major Investment in Dunamu

chest

Hana Financial Group announced a major investment in Dunamu, acquiring a 65.5% stake for approximately 1 trillion Korean won, marking the largest investment by a South Korean bank in a digital asset company.

user avatarLeo van der Veen

Hana Financial and Dunamu Collaborate on Digital Asset Services

chest

Hana Financial and Dunamu have signed a memorandum of understanding to develop services that integrate traditional banking with digital assets.

user avatarMaya Lundqvist

CME and ICE Push for Federal Oversight of Hyperliquid

chest

CME Group and Intercontinental Exchange are lobbying for federal oversight of Hyperliquid, citing concerns over market manipulation and sanctions evasion.

user avatarKaterina Papadopoulou

Bitcoin Depot Under Fire for Alleged Consumer Protection Failures

chest

Bitcoin Depot is under scrutiny for alleged consumer protection failures, facing accusations of misleading pricing and facilitating scams, particularly affecting older Americans.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.