Bernstein: Figure's Q1 performance showcases the uniqueness of the blockchain market platform

By: rootdata|2026/05/20 04:45:03
0
Share
copy

Bernstein analysts stated last week that Figure Technology Solutions' first-quarter financial report shows the company is rapidly becoming a unique presence in the blockchain market platform. The performance released by Figure on May 11 significantly exceeded Wall Street expectations in both revenue and EBITDA, with its core business transforming real-world credit assets into blockchain-native tools that can be traded and financed on-chain.

Analysts believe Figure is building a blockchain-native capital market ecosystem, fundamentally differentiating itself from traditional balance sheet-based fintech lending platforms, and expect its stock FIGR to become a real-time reflection of blockchain loan volumes. Bernstein pointed out in a research report on May 15 that on-chain real-time data indicates Figure is about to welcome a record-breaking second quarter.

Co-founder Mike Cagney introduced that the company's Forge platform can convert entire loans into small single-dollar liquidity participation units, addressing the liquidity challenges of RWA in DeFi. Bernstein previously estimated that the potential market size for annual credit issuance that could migrate on-chain could reach $4 trillion, while the current tokenized credit market is approximately $5.14 billion.

-- Price

--

You may also like

Founder of Baixing.com: We have transformed from leaders in AI to guides in AI

For the first time in thousands of years, humanity has a partner that is smarter than us—not a boss, not a slave, not a child, but a partner.

The AI stock god who made 60 times profit bets 7.7 billion dollars on Nvidia reaching its peak

The significance of this quarterly report lies in its transformation of a judgment that previously remained more at the narrative level into a concrete position structure.

The tokenized market will reach a trillion-dollar scale, but there are still four major obstacles

Tokenizing trillions of dollars in assets is no longer a question of "if it will happen," but rather a question of who will build the applications for issuing, trading, and custodial services for these assets on a global scale.

WEEX Crypto Pizza Day: Join Us in Dubai for a Slice of Crypto History

Join WEEX in Dubai for a Bitcoin Pizza Day celebration of the first bitcoin transaction – 10,000 BTC for pizza (now worth $774,880,000 by the time of writing). Live trading, poker, and networking with crypto elites. Join WEEX, for a slice of crypto history.

Harvard and other institutions are liquidating their assets, and six core talents have left in a month. What is happening with Ethereum?

Vitalik's long-term vision is clear, but the realization of that vision requires stable coordination capabilities and continuous experience accumulation, both of which seem to be rapidly diminishing.

WEEX P2P now supports KES—Merchant Recruitment Now Open

To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Kenyan Shilling (KES) is now available on WEEX P2P!

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com