Mike Cagney is the Founder and Executive Chairman of Figure. (https://www.figuremarkets.co/fm) In this conversation we discuss taking Figure public, how block-chain native securities unlock new markets, the rise of DeFi, bitcoin backed loans, and how Figure is modernizing financial infrastructure.
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TimeStamps:
- 0:00 - Intro
- 2:11 - Taking Figure public and why it’s good for business
- 5:52 - Opportunities to improve finance infrastructure
- 18:26 - Why it’s the “golden moment" for DeFi
- 19:46 - Are regional banks in trouble?
- 21:45 - Launching a stable coin and GENIUS Act
- 26:39 - The regulatory shift and now having political support
- 30:42 - Partnerships and consolidation in the industry
- 39:27 - Figure is modernizing financial infrastructure
- 39:55 - Bitcoin backed loans and how it works
- 44:14 - Advice for entrepreneurs
- 46:08 - What Figure’s future looks like