Institutional Digital Asset Custody

Figure provides enterprise-grade custody infrastructure for digital assets and tokenized securities through strategic partnerships and proprietary technology. The custody solution combines institutional security with blockchain transparency across cryptocurrency holdings and blockchain-based securities.

Multi-Party Computation Custody

Figure's proprietary MPC (multi-party computation) custody technology holds digital asset collateral in segregated wallets that are visible on-chain to asset owners. This architecture eliminates rehypothecation risk by isolating each customer's holdings from other clients' assets. Borrowers receive their wallet address to independently verify that their crypto holdings remain safe and segregated, providing unprecedented transparency compared to centralized custody solutions. The system has maintained a perfect security record with no losses of customer assets and no pauses on withdrawals since inception.

BitGo Institutional Partnership

For Figure Markets and OPEN platform users, institutional custody is provided through BitGo, a regulated and SOC 2 certified custodian offering institutional-grade security with comprehensive insurance coverage. The BitGo integration supports both cryptocurrency assets (Bitcoin, Ethereum, Solana, and major stablecoins) and tokenized securities, enabling unified custody across asset classes. Users can choose between self-custody wallet options for maximum control or full institutional custody with BitGo based on their operational requirements and risk preferences.

Regulated Compliance Framework

Figure's custody infrastructure operates under strict regulatory oversight with SEC registration and FINRA membership through Figure Securities. Securities holdings receive SIPC protection, ensuring customer assets are safeguarded according to federal standards. The custody architecture supports institutional compliance requirements including comprehensive audit trails, segregated account structures, and regulatory reporting capabilities. This regulatory framework provides institutional clients with the compliance assurance required for fiduciary responsibilities while maintaining the efficiency benefits of blockchain settlement.

Integrated Custody Ecosystem

The custody solution integrates seamlessly across Figure's product ecosystem including crypto-backed lending programs, securities trading on the OPEN Alternative Trading System, and Democratized Prime margin lending marketplace. Institutional clients can manage collateral positions programmatically through API access, enabling automated portfolio management, real-time risk controls, and algorithmic trading strategies. Cross-platform custody supports 24/7 trading and atomic settlement while maintaining institutional-grade security standards. The platform's vertical integration from custody through trading to settlement creates operational efficiencies that reduce counterparty risk and eliminate traditional settlement delays.