Figure's Michael Tannenbaum on Market Dynamics and Blockchain Adoption

Sep 4, 2025

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This episode dives deep into the evolution of blockchain-powered lending and marketplaces in the FinTech sector, with guest Michael Tannenbaum, whose career has spanned senior roles at SoFi, Brex, and now Figure.

Host Julie Verhage-Greenberg and Michael discuss how Figure’s vision—originally designed as one company with a strong blockchain backbone—has matured amidst regulatory and market shifts.

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DISCLOSURES: The 9% rate referenced is not guaranteed and subject to change as new offers are placed. Democratized Prime uses a Dutch auction method for its borrowers/lenders. There is an inherent risk due to interest rate volatility in a Dutch auction interest rates in the auction may rise rapidly. At the time of acceptance, your loan may be filled with a different or higher interest rate than offered at the time of selection. The interest rate is only fixed at the time of loan approval and not at the time of loan acceptance.

Figure Lending LLC dba Figure. Equal Opportunity Lender.NMLS 1717824. Terms and conditions apply. Visit figure.com for more information.

Figure Markets Credit LLC. 650 S. Tryon Street, 8th Floor, Charlotte, NC 28202. (888) 926-6259. NMLS ID 2559612. Terms and conditions apply. Visit figuremarkets.com/borrow for more information.