Bernstein: Figure's Q1 performance showcases the uniqueness of the blockchain market platform
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.
You may also like

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

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

The tokenized market will reach a trillion-dollar scale, but there are still four major obstacles
WEEX Crypto Pizza Day: Join Us in Dubai 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?

WEEX P2P now supports KES—Merchant Recruitment Now Open

Recovering cryptocurrency assets is a lucrative business that quietly makes a fortune

Gemini 3.5 is here! Tonight, Google personally eliminates Google

Duan Yongping establishes a position in a cryptocurrency company for the first time: Why Circle?

Vitalik: What is the key to the next phase of Ethereum?

Interlace: A global leader in Agentic Payment and stablecoin infrastructure platform, building the next generation of digital financial foundation

Morning Report | Musk's xAI launches Skills; Duan Yongping to first build position in Circle in Q1 2026; Polymarket partners with Nasdaq to launch prediction market

WEEX P2P now supports COP—Merchant Recruitment Now Open

Dialogue with Lead Bank Founder Jackie: American Banks Re-embrace Crypto

Vitalik: What we need to do is not to fight against AI, but to create a sanctuary

Morning News | VanEck and Grayscale submitted BNB ETF amendments on the same day; BlackRock discusses investing billions of dollars in SpaceX's IPO; Michael Saylor releases Bitcoin Tracker information again

Crypto ETF Weekly | Last week, the net outflow of Bitcoin spot ETFs in the United States was $995 million; the net outflow of Ethereum spot ETFs in the United States was $255 million






