NEW YORK, Dec. 10, 2025 (GLOBE NEWSWIRE) — Figure Technology Solutions, Inc. (Nasdaq: FIGR) at this time introduced that its subsidiary, Figure Certificates Firm (FCC), intends to start minting $YLDS, a registered public debt safety, natively on Solana. $YLDS is a security-version of stablecoin, designed to keep a hard and fast greenback worth and supply a steady yield backed by U.S. Treasuries and Treasury repo agreements. Exponent Finance, a decentralized finance yield change platform on Solana, intends to be the primary consumer of $YLDS.
The transfer marks the start of a broader, long-term ambition between Figure and Provenance Blockchain Basis to construct on Solana. As a part of its efforts to promote real-world asset functions in DeFi, Figure intends to work with Provenance Blockchain to enable Solana customers to entry yield from quite a lot of Figure property, together with loans. Over the approaching weeks, Figure expects to increase this collaboration with further Solana-native integrations and initiatives that additional show its management in bringing compliant, decentralized finance to scale.
“We’re thrilled to associate with Exponent Finance as a primary mover in bringing $YLDS to the Solana ecosystem,” mentioned Mike Cagney, Figure’s co-founder and government chairman. “We see this as a means to future-proof fiat rails onto Solana whereas bringing an SEC-registered yielding stablecoin to the ecosystem.”
Builders on Solana might be ready to entry $YLDS for cost, cross-border remit, yield and settlement functions, together with instantly settling SOL trades with $YLDS. Within the spirit of the partnership, Figure has begun accepting SOL as collateral for crypto-backed loans with the intent to increase this to locked SOL and undertake Figure’s liquidation safety possibility for SOL-backed loans.
“Real-world property (RWAs) on Solana are rapidly approaching $1B, as every little thing from conventional property to real property and extra are tokenized on onchain,” mentioned Lily Liu, President, Solana Basis. “Figure’s integration builds on that momentum and demonstrates how regulated, yield-generating property can improve utility throughout the Solana ecosystem.”
Figure believes $YLDS will ship three key benefits to the Solana ecosystem:
- Real-world utility: In contrast to theoretical RWA ideas, $YLDS presents speedy, sensible functions. The yield-bearing stablecoin, backed primarily by U.S. Treasuries, is already powering Figure’s reside Democratized Prime product on the Provenance Blockchain and can quickly combine with Exponent Finance’s yield change protocol on Solana, demonstrating tangible DeFi utility from day one.
- Developer-ready composability: Constructed as a foundational primitive for Solana’s DeFi ecosystem, $YLDS serves as a reliable base asset that builders can seamlessly combine into their protocols, centered round a secure, yield-generating core.
- Institutional-grade credibility: Figure’s monitor document speaks for itself, having originated over $19 billion in loans on public blockchain with a compliance-first strategy. This confirmed operational historical past, mixed with the great regulatory scheme that applies to $YLDS, supplies the institutional credibility and regulatory readability that units it other than speculative RWA initiatives. With Figure’s current IPO, $YLDS brings battle-tested infrastructure to Solana’s increasing DeFi panorama.
Discover how Figure is constructing compliant DeFi infrastructure by visiting ylds.com and discover Democratized Prime lending swimming pools on figuremarkets.com.
About Figure Expertise Options, Inc.
Figure Expertise Options, Inc. (Nasdaq: FIGR) is a Provenance Blockchain-native capital market that seamlessly connects origination, funding, and secondary market exercise. Greater than 200 companions use its mortgage origination system and capital market. Collectively, Figure and its companions have originated over $19 Billion of residence fairness to date, amongst different merchandise, making Figure’s ecosystem the most important non-bank supplier of residence fairness financing. The quickest rising parts are Figure Join, its shopper credit score market, and Democratized Prime, Figure’s on-chain lend-borrow market. Figure’s ecosystem additionally contains DART (Digital Asset Registry Expertise) for asset custody and lien perfection, and $YLDS, an SEC-registered yield-bearing stablecoin that’s issued by a tokenized face-amount certificates firm, which is a sort of registered funding firm.
Figure is the market chief in real-world asset (RWA) tokenization and its most up-to-date securitization acquired a AAA score from S&P, the primary of its type for blockchain finance. For extra data, go to https://figure.com or comply with Figure on LinkedIn.
Figure Certificates Firm:
Funding merchandise: Not FDIC Insured, No Financial institution Assure, Might Lose Worth.
This press launch shall not represent a suggestion to promote or a solicitation of a suggestion to purchase the foregoing securities, nor shall there be any sale of those securities in any state or jurisdiction during which such supply, solicitation or sale wouldn’t be permitted.
$YLDS Stablecoins are unsecured face-amount certificates and solely backed by the property of Figure Certificates Firm (FCC), which is the issuer of the certificates. The registration of $YLDS and FCC with the SEC doesn’t suggest approval of both by the SEC. Extra details about FCC and $YLDS could be discovered on FCC’s web site, out there Here.
You must think about the funding targets, dangers, costs and bills of certificates rigorously earlier than investing. Obtain a free prospectus, which incorporates this and different vital details about our certificates. Learn the prospectus rigorously earlier than you make investments. Figure Certificates Firm Prospectus out there Here
Figure Certificates Firm is an entirely owned subsidiary of Figure Expertise Options, Inc.
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