Figure Markets utilizes blockchain technology to provide a self-custody crypto trading platform, allowing users to maintain full control of their assets without intermediary access. The platform eliminates trading fees and offers up to 8% APY on stablecoin deposits, enabling users to maximize their investment returns while minimizing costs.
Funding
$73.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
JCFounders
Product
Problem
Many centralized cryptocurrency exchanges require users to relinquish control of their private keys, creating counterparty risk and potential loss of funds. High trading fees and limited yield opportunities on these platforms can also erode investment returns.
Solution
Figure Markets provides a self-custodial cryptocurrency trading platform that allows users to maintain complete control over their digital assets. By eliminating intermediaries, the platform reduces the risk of asset loss and empowers users to manage their funds directly. Figure Markets also offers zero-fee trading and opportunities to earn yield on stablecoin deposits, maximizing investment returns while minimizing costs.
Target Audience
Figure Markets targets cryptocurrency traders and investors who prioritize self-custody, low fees, and yield-generating opportunities on their digital assets.
Features
- Self-custody solution ensuring users retain control of their private keys
- Zero-fee trading to maximize earnings and eliminate unnecessary charges
- Forward Vault feature offering up to 8% APY on stablecoin deposits
- Low transaction fees for frequent and cost-effective trading
- Mobile app for convenient access to trading and portfolio management