Figure Technology Solutions launches OPEN network for on-chain public stock trading

Blockchain-based lending platform Figure Technology Solutions has launched OPEN, a network that supports the on-chain trading of public stocks, Wu Blockchain reported. The network is built on the Provenance blockchain, developed by Figure, and is designed to enable the issuance and trading of tokenized stocks backed by real-world shares. This allows companies to issue digital securities on-chain based on physical stocks, which investors can then trade directly on the blockchain network.