Mike Cagney
@mcagney
@Figuremarkets co-founder, CEO, @Figure co-founder, board chair, @SoFi co-founder, former CEO. Views are my own, not investment advice. My only account.
Excited to announce that we are recombining @Figure and @FigureMarkets. I split the company in two last year given the regulatory headwinds around blockchain. I was fortunate to bring Mike Tannenbaum in as CEO of Figure, and I became CEO of Figure Markets. With the change in the…
Every day my dog helps me stay humble, appreciate what I have and seek the best out of people. I’m lucky to have him.
There is a lot of discussion around tokenizing equities. Most everything I’ve seen on this subject has been wrong. The primary reason to put equities on blockchain is to use equities as collateral (in defi and CEXs) with secondary benefits of cross settlement (equities to BTC,…
Had a great time with Stan Christensen doing this interview. We talk about how negotiation works its way into building a startup. Give it a listen! youtu.be/njmGqOcapts?si…
I'm excited to see @GWAM_Abbate and @owiener joining the board of @IonicDigital. I'm looking forward to figuring (pun intended) out how @Figure and @FigureMarkets can work with the board to create value for shareholders. businesswire.com/news/home/2025…
Interchange is a regressive tax. Blockchain can – and should – kill it. When you swipe your debit or credit card, the interchange network – issuing processor, issuing bank, Visa/MC, merchant acquirer and merchant bank – all take a cut of the transaction by charging the merchant.…
Bit of a mid-month update on @IonicDigital. As of their last received rewards on 6/20/2025 Ionic has only mined 69.10 BTC or an average of 3.46 per day. As of today, that would be a further decrease of -18.05% compared to May's 4.22, Aprils 4.35, and March 4.85. Ionic digital…
I've got more insights to share - maybe @RaoulGMI should invite me back soon!
x.com/sjdedic/status… Who called this? @mcagney did on "The Journey Man" with @RaoulGMI about 5 months ago The alpha you can get from these interview is unbelievable Love the Journey Man @RaoulGMI - amazing content Thank you for sharing it with average people like me
How is BTC any less an RWA than a digital loan? What if we move to non-crypto financial assets on blockchain? NFABs? Any by the way, no one has more NFABs than @Figure, and no L1 has more than @provenancefdn. Check it out: provenance.io/pulse
You can earn 9% lending against Figure loans on Democratized Prime today - only on Figure Markets. RWA collateral, hourly liquidity. Check it out! figuremarkets.com/c/democratized…
I love all the Gold proxy support - keep it up! Don't be confused by the company - whose board was found in breach of their fiduciary duty. The Gold candidates want to: 1.) Eliminate the ban on trading, so you can trade your shares now. 2.) Incorporate a Dutch Auction to give…
@IonicDigital is running a PR campaign through a guy who had $300 in Celsius. How much are you paying this corporate shill, and why haven't either of you disclosed it? Furthermore, he says this is unofficial, but Liz Puma asked him to send this summary. So which is it?…
$YLDS today, $14B+ of Figure loans soon! Working to get @Figure and @FigureMarkets assets on @provenancefdn tracked by all of the major aggregators!
Now tracking @FigureMarkets's YLDS coin on our Stables Dashboard YLDS is a fixed-price, interest-bearing stablecoin that accrues daily and is native to a public blockchain. It’s transferable, SEC-registered, and backed by the same assets as prime money market funds
Ionic shareholders - your board has one job - be a fiduciary to the shareholders. They failed. Given they don’t have the integrity to resign, start replacing them. Vote Gold (and only vote Gold) at ionicvote.com
Vote the GOLD Proxy card to elect @owiener and @MichaelAbbateNW @IonicDigital needs independent directors that do NOT breach their fiduciary duty to shareholders. Time to make that change.
Ionic Shareholders - remember your last vote counts. If you vote "Withhold" for LaPuma it voids your Gold Proxy vote. I'll ask @AaronDBennett to update folks. ionicvote.com
CEO of @FigureMarkets, @mcagney lays out how an $11 billion blockchain lending wave is disrupting traditional banking & explains why his firm hasn’t lost a single dollar backing loans with #Bitcoin youtube.com/watch?v=OSsl_a…
Current earn rate lending against Figure mortgages (HELOCs) on Figure Markets is 9%. For context, Figure pays its institutional warehouse lenders rates in the 7% handle. Hourly liquidity, overcollateralized by on-chain RWAs. Check it out at figuremarkets.com/c/democratized…
15 more minutes - 11:45 a.m. PT to get a demo of Democratized Prime - lend against on-chain RWAs! youtube.com/live/jwUhYRSx4…