2026-06-13, Sat.

Top Stories       Business       Culture & Life       Science & Technology       World

Lecture

Notification

 

NEWS > Science & Technology


OpenWorld, Figure to Tokenize Securities on OPEN Network

OpenWorld plans to bring its equity to Figure
Date: 2026-06-13

NEW YORK-- OpenWorld Ltd. (“OpenWorld”), a blockchain innovation company advancing real-world asset (RWA) tokenization globally, and Figure Technology Solutions, Inc. (“Figure”) (NASDAQ: FIGR; OPEN: FGRS) announced an agreement to tokenize OpenWorld‘s equity securities in connection with its proposed NASDAQ listing on Figure’s Onchain Public Equity Network (OPEN). The agreement marks a meaningful step in OpenWorld’s tokenization strategy. Additionally, OpenWorld plans to use Figure Forge as a pathway to bring its private credit assets onchain and into Figure's Democratized Prime marketplace.

The decision highlights OpenWorld‘s core conviction: that the infrastructure it is building for institutional and sovereign clients globally should first be proven on its own balance sheet. It follows OpenWorld’s previously announced proposed merger with VerifyMe, Inc. (NASDAQ: VRME) as the company advances toward becoming a publicly traded entity (the “Merger”).

Figure's OPEN is redesigning how public markets work from the ground up. If achieved effectively, OpenWorld would be able to give investors the power of choice by issuing on both NASDAQ and OPEN.

On OPEN, investors own blockchain shares directly and can lend their holdings to earn yield while cross-collateralizing their crypto and equities, a benefit that is not widely available on traditional brokerages. Companies are given a smarter way to issue and manage equity, with real-time settlement, lower costs, and blockchain infrastructure built for a regulated environment. The agreement advances the foundations of equity infrastructure.

“This agreement with Figure positions OpenWorld at a critical moment in the evolution of real-world asset tokenization. We are not building tokenization infrastructure for others while leaving our own securities on legacy rails,” said Matt Shaw, co-founder and CEO of OpenWorld. “Tokenizing our equity on Figure's OPEN network demonstrates to our institutional partners that we are willing to go first.”

Recent developments from the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have provided greater clarity on digital asset classifications, and OpenWorld believes the window to establish a leadership position in compliant tokenized equities infrastructure is now, and it’s finite. These dynamics are shaping how equities are represented through blockchain-based frameworks, with the potential to enhance liquidity.

“Investors have long had no real say in how their equity works for them, but OPEN changes that,” said Mike Cagney, executive chairman of Figure. “By having the ability to issue alongside NASDAQ, companies like OpenWorld would be able to give investors a genuine choice and, on OPEN, that choice comes with direct ownership, the ability to lend shares and keep the returns that traditionally went to prime brokers, and the ability to cross-collateralize crypto and equities for borrowing.”

OpenWorld and Figure‘s agreement builds on OpenWorld’s global expansion, including its RWA Center of Excellence. Together, they represent a broader bet that the future of public markets runs through blockchain infrastructure, and that OPEN is where that future is being built.



 to the Top List of News

OpenWorld, Figure to Tokenize Securities on OPEN Network
Cosylab and Heron Neutron Medical Ink LOI to Expand Global Deployment of Accelerator-Based BNCT Systems
Dubai¡¯s Medcare Hospital Becomes the World¡¯s First to Treat an Adult Spinal Muscular Atrophy (SMA) Patient Outside the US
New Omdia Research States That Cellular IoT Data Traffic Will Reach 218.6 Exabytes by 2035
TV Shipments Increase 6% in 1Q26 as 2026 World Cup Inventory Build-Up Begins
SLB to Host 2026 Digital Investor Day
Vultr, SUSE & Supermicro Debut Unified Cloud-to-Edge Architecture for Global AI Scaling

 

European Smartphone Market Grows 2% in 1Q26 as Prices Hit Record High
U.S. FDA Grants Priority Review to BeOne Medicines¡¯ TEVIMBRA in First...
Megaport Launches Built-In DDoS Protection Enabling On-Demand Network ...
LG Electronics Elevates Game Day With Launch of Sports Playbook on LG ...
New Evidence Offers Hope for Ketogenic Therapy in Treatment of Anorexi...
GCT Semiconductor Secures 5G Reference Deal with Leading Satellite Pro...
WHOOP Expands Health Platform with On-Demand Clinician Access and New ...
Global Tablet Market Sees Marginal Growth at 0.1% in Q1 2026 as Demand...
Invisix Raises ¢æ20M Seed Round to Bring Soft X-Ray Metrology to AI-Er...
Experian Brings Trusted Agentic AI to Financial Services With the Laun...

 

 

60, Gamasanro 27gil, Guro-gu, Seoul, Korea, e-mail: news@newsji.com

Copyright, NEWSJI NEWSGROUP NETWORK.