# Figure Markets Holding

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/figure-markets-holding

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.figuremarkets.com
- Total disclosed funding: $60M
- Latest round: Series A (Mar 18, 2024)
- Investors on record: 6

## About

Based in California, US, and co-founded by Mike Cagney (CEO) and June Ou (President) in 2018, Figure Markets Holding, Inc. operates as a provider of blockchain trading platform. In March 2024, the firm raised USD 60 million in series A funding co-led by investors Jump Crypto, Pantera Capital, and Faction VC, with participation from other investors Distributed Global, Ribbit Capital, and CMT Digital.

The fintech company offers a regulated decentralized marketplace based on blockchain technology for lending, trade, borrowing, and investment. Figure Markets is expanding its offerings to include a crypto platform, combining the liquidity of traditional finance with decentralized asset control. The firm as of March 2024, holds over 200 licenses, including 49 money transmission licenses.

Figure Markets plans to utilize the March 2024 funding to support the development of its marketplace. Additionally, their product lineup includes a crypto exchange for trading, crypto-backed loans for immediate cash access without selling assets, and crypto investments opportunities through selected investment vehicles.

## Funding rounds

- Series A, Mar 18, 2024, $60M — Ribbit Capital, Pantera Capital, Distributed Global, CMT Digital, Jump Crypto, Faction

## Investors

- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series A
- Pantera Capital (https://capitalatlas.ai/funds/pantera-capital) — Series A
- Distributed Global — Series A
- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Series A
- Jump Crypto — Series A
- Faction (https://capitalatlas.ai/funds/faction) — Series A