Figure Markets Prime Services

Figure provides institutional-grade prime brokerage services through its integrated trading and lending platform ecosystem. The platform delivers comprehensive custody, trading, and financing services for both digital assets and tokenized securities with blockchain-based settlement.

Trading & Execution

Figure Markets offers multi-asset trading capabilities including cryptocurrency exchange (Bitcoin, Ethereum, Solana, stablecoins) and tokenized securities through an SEC-registered Alternative Trading System operated by Figure Securities (FINRA member). The platform provides 24/7 trading access with atomic blockchain settlement on Provenance, eliminating traditional DTCC settlement delays.

OPEN (Onchain Public Equity Network) enables trading of blockchain-native equity securities that are exchangeable with traditional Nasdaq shares, providing liquidity through market making support and instant settlement. Users can trade via mobile app, web interface, or REST API with self-custody or BitGo institutional custody options.

Margin Financing & Lending

Democratized Prime is a decentralized lending marketplace using Dutch auction mechanisms for margin financing and securities lending. The platform supports portfolio margining with cross-collateralization across crypto and tokenized equity assets, providing enhanced collateral values through unified account management.

Borrowers access flexible-rate loans with hourly interest rate auctions reflecting real-time market conditions. The stock loan feature enables shareholders to lend equity securities directly through a lit limit order book, eliminating prime broker intermediation and locate fees. All transactions settle on Provenance blockchain for transparency and atomic execution.

Institutional Infrastructure

Figure Markets provides SIPC protection for securities holdings, SEC/FINRA registration, and institutional custody through BitGo. The platform handles billions in trading and lending volume with full API access for algorithmic trading and institutional integration. Cross-margining capabilities and transparent on-chain settlement provide institutional clients with counterparty risk mitigation and capital efficiency.