Bernstein: Q1 Data Signals Unique Blockchain Marketplaces
Bernstein analysts view Figure Technology Solutions as a standout in the evolving world of blockchain-based markets, noting that the company’s first-quarter results underscore a deliberate pivot from a traditional fintech model toward a blockchain-native capital markets platform....
➤ Bernstein highlights Figure Technology Solutions' pivot to a blockchain-native capital markets platform, focusing on tokenizing real-world credit assets. ➤ Figure's Q1 results beat expectations, with its on-chain data potentially serving as a real-time indicator for blockchain loan activity and a stronger Q2. ➤ The company aims to create a comprehensive on-chain marketplace for RWAs, leveraging AI and blockchain for underwriting and compliance, targeting a multi-trillion dollar market.