Blockchain technology continues to disrupt traditional industries, with its latest venture into stock trading. Figure Technology has unveiled its groundbreaking On-Chain Public Equity Network (OPEN), a truly blockchain-based platform that offers a novel way for companies to issue and trade equities directly on the blockchain.
How Figure’s OPEN Platform Works
Built on the Provenance Blockchain, Figure’s OPEN platform allows companies to issue and trade shares without relying on custodians, brokers, or the Depository Trust and Clearing Corporation (DTCC). Unlike synthetic tokens that mirror stock values, shares issued on OPEN represent actual ownership interests.
The platform employs decentralized finance (DeFi) tools, enabling investors to lend and borrow shares without the need for prime brokers. Combined with continuous trading facilitated by a limit order book structure, the platform promises speed, transparency, and reduced operational costs.
Market Growth and Industry Impact
The tokenized stock market is rapidly expanding, with its value hitting $1.2 billion in 2025 alongside monthly trading volumes of around $800 million. Analysts liken this growth to the potential of stablecoins during their 2020 boom. As blockchain solutions like Figure’s OPEN emerge, the era of tokenized trading presents opportunities for efficiency and scalability in equity markets.
Among its various features, the OPEN platform is already attracting interest from digital asset treasury companies that value on-chain activity for its transparency and innovation.
Partnerships and Competitive Edge
Key institutional players, including BitGo for custody services and Jump Trading for liquidity, have partnered with Figure’s new venture. This all-in-one ecosystem eliminates intermediaries like brokers, resulting in cost savings and operational simplicity not seen in traditional equity issuance systems.
Competitors such as Coinbase, Backed Finance, and Ondo Finance have launched or are developing similar platforms. However, Figure’s unique approach—issuing native blockchain equity rather than wrapping existing shares—positions it as a trailblazer in the tokenized equity space.
Explore the Latest Investment Opportunities
For tech investors eager to tap into blockchain and AI-driven markets, tracking innovation in stock trading solutions is essential. Platforms like Figure’s OPEN are redefining industries and shaping the future of public and institutional investments.
Looking to stay ahead of the curve? Explore investment tools and resources to maximize your portfolio. Consider keeping up with expert investors by subscribing to credible stock analysis services.
