Figure Technology Solutions Inc（FIGR）资讯与事件FIGRFigure Technology Solutions Inc

Mastercard and BVNK Launch Global Money Platform

As bitcoin, ethereum and other cryptocurrencies see major legal, institutional, and technological developments, the financial landscape continues to adapt. Stay up on the crypto news that matters with the "Crypto Currents" weekly from The Fly. Also, join us for your essential daily recap, every day at 2 PM ET on FlyCast radio.MASTERCARD, BVNK LAUNCH MASTERCARD GLOBAL MONEY PLATFORM:Mastercardand BVNK announced Thursdaybringing together Mastercard's global payments capabilities with BVNK's stablecoin infrastructure through a single API. The launch marks the first major integration of Mastercard and BVNK capabilities since the acquisition of BVNK in August. Global Money Platform provides a full-stack, modular infrastructure layer for modern finance. Banks, fintechs and enterprises can now embed multi-currency accounts, including fiat and stablecoins, real-time conversion, stablecoin-linked cards and local bank payouts through Mastercard Move into their own products and under their own brand. They can also use the platform to manage their own treasury, payments and settlement activity directly.Raj Dhamodharan, EVP, Blockchain and Digital Assets at Mastercard, said, "We believe the future of commerce will be built on interoperability across multiple forms of money. Global Money Platform brings together Mastercard's trusted payment infrastructure and reach with BVNK's stablecoin capabilities, giving businesses a single foundation to move value across traditional and digital ecosystems. This is an important step in bringing our multi-money strategy to life and enabling the next generation of programmable and agentic commerce."VISA DIRECT LAUNCHES STABLECOIN-POWERED MONEY MOVEMENT:Visaannounced Thursdayas Visa Direct stablecoin capabilities advance from pilot stage to commercial deployment. In the initial rollout, Inyo Global, a Visa Direct processor, is the first enabler of this new offering, powering it for eligible Visa Direct clients and partners. Over the past year, Visa Direct has worked with clients and partners to explore how stablecoins can help improve the way businesses fund and move money across borders. As interest in faster, more flexible just-in-time funding solutions continues to grow, Visa is now seeing those efforts move beyond experimentation and into day-to-day business operations. As part of this next phase, Visa is working with Inyo Global to bring Visa Direct's stablecoin-enabled prefunding to market. Inyo has integrated the capability into its platform, giving the businesses it serves the option to prefund cross-border payouts through Visa Direct with USDC in near real time, rather than relying solely on traditional funding windows. Through a single connection, Inyo's platform lets businesses onboard users, manage fraud and compliance, accept payments and send domestic and international payouts across more than 180 countries, powered by Visa Direct."The next chapter for stablecoins is adoption," said Vira Platonova, Global Head of Visa Direct. "Over the last several years, we've worked with several partners and clients to explore how these technologies can improve money movement. We're now seeing those efforts translate into live implementations, helping businesses access more flexible and efficient ways to fund and move money globally through Visa Direct, starting with Inyo Global as our first enabler."CIRCLE TO REPORTEDLY ENTER 40 NEW MARKETS:Circleis enteringas blockchain adoption is set to scale significantly, Selena Li of Reuters reported Friday, citing comments made by CEO Jeremy Allaire. "We're kind of going through an inflection point...a transition right now, and that transition is essentially moving from the early adopter phase of blockchain technology into the mainstream scaling phase," Allaire told Reuters. Regions such as Southeast Asia, Latin America, Africa, and the Middle East have markers of rising organic demand for stablecoins and digital utility, Allaire added.TD Cowen noted that MasterCard's launch of the BVNK-integrated Global Money Platform and Visa Direct's move from pilot to commercial deployment reinforces the firm's view that stablecoin adoption is occurring as a complement to existing network infrastructure. Notably, Circle Internet's USD Coin was the only stablecoin referenced in Visa's commercial deployment announcement, and the firm would expect it to broaden, though it reinforces the view that institutional adoption will concentrate around the most established, regulated, and liquid stablecoins, the analyst said. The firm added that MasterCard and Visa announcements have positive read-through for Circle and USDC utility, though infrastructure remains multi-asset.MARQETA, COINBASE COLLABORATE FOR STABLECOIN-BACKED CARDS:Marqetaannounced Friday a collaboration with Coinbaseto bringLeveraging Coinbase's crypto infrastructure, Marqeta will enable businesses to offer a payment card solution that allows users to tap into the benefits of stablecoins by turning their stablecoin balances into everyday card spend. The collaboration will expand Marqeta's relationship with Coinbase, for whom Marqeta already issues crypto-backed cards. The expanded relationship will bring together capabilities suited to the stablecoin-backed card needs of Marqeta's enterprise customers. Coinbase will handle custody of stablecoin balances and manage the conversion between digital assets and fiat, while Base, Coinbase's blockchain, will provide the on-chain infrastructure for fast, secure, low-cost settlement. Marqeta will provide the card issuance and payment processing, and manage the bank and network relationships. Through the collaboration, businesses will be able to issue stablecoin-backed cards and fund their programs 24/7, while cardholders will be able to spend from a stablecoin balance at millions of merchants that accept cards globally."Coinbase is enabling businesses to move money with the speed and efficiency they require," said Alec Lovett, Head of Infrastructure Products, Coinbase. "Our collaboration with Marqeta will combine our stablecoin payment rails with their powerful issuing and processing capabilities to deliver real-time global transactions that meet the needs of modern consumers and businesses."Citi raised the firm's price target on Coinbase to $230 from $210 and kept a Buy rating on the shares. The firm adjusted ratings and targets in the digital asset group as part of a Q3 earnings preview. The sector is entering earnings season with a "considerably stronger backdrop" relative to a few months ago, the analyst said. Citi favors companies positioned around tokenization and market infrastructure, with a preference for "AI-enabled infrastructure stories."BITDEER AI EXPANDS MALAYSIA CAMPUS:Bitdeer AI, part of Bitdeer Technologies Group, announced Monday that it has entered intofor A103, a 60MW AI Cloud data center facility on the same Cyberjaya, Malaysia campus as its A101 and A102 facilities. A103 is designed for liquid-cooled, rack-scale NVIDIA systems, including the next-generation NVIDIA Vera Rubin platform, with energization expected in 1Q28. A103 is located on the existing Cyberjaya campus allowing Bitdeer AI to leverage established power, liquid cooling and networking to shorten the path to energization. Together with the A101 and A102 facilities, the Cyberjaya campus will represent approximately 71.5MW of AI Cloud data center capacity. With the addition of the A103 facility, Bitdeer AI's secured AI Cloud data center capacity totals approximately 333.5MW across facilities in Malaysia, Norway and the United States, representing approximately 95% of its target of up to 350MW to be delivered by 1Q28."We have secured approximately 95% of our up-to-350MW target with the addition of the A103 facility," said Michael Potter, CFO. "Adding 60MW alongside the A101 and A102 facilities means we benefit from the power, the cooling and the network infrastructure already in place, improving our time-to-market. A103 is also built for the Vera Rubin generation, which is the capacity customers are asking us about for 2028."OTHER CRYPTO NEWS:Strategyacquiresreports USD reserve of $4.88B as of October 11, price target raised to $208 from $186 at Cantor FitzgeraldSecuritizeprice targetat StoneX, downgraded to Neutral from Buy at CitiBitmine ImmersionreportsDeFi DevelopmentaddsStrivepurchases 3,311 bitcoin, reportsprice target raised to $37 from $21 at MaximTeraWulfinitiated with a Buy at TD Cowen,at Cantor Fitzgerald, Morgan Stanley says pullback 'at odds with underlying contract value'Hyperscale Datareportscompletes tokenization of 5,000 troy ounces of physical silverGeminiupgradedat CitiFigure Technologyinitiatedat Freedom CapitalGalaxy Digitalupgradedat CitiCoinShareslaunchesthrough Safe partnershipAmerican Bitcoinassumed with a Buy at H.C. Wainwright, price targetat MaximDigital Currency XtoCanaanminesBitFuFuproduceslaunches Hashrate Token with FinloopBakktselectsInteractive Brokersexpands digital asset offering withPerpetuals.comannounces plans to offeron its platformCantor Fitzgerald lowers Hut 8price targetCore Scientificto, Cipher MiningtoCleanSparktoKeel Infrastructuretoand Riot PlatformstoCRYPTO STOCK PLAYS:Publicly traded companies in the space include Bit Digital, Coinbase, Core Scientific, Mara Holdings, Strategy, Riot Platforms and TeraWulf.PRICE ACTION:As of time of writing, bitcoin dropped roughly 1% this week to $81,807 in U.S. dollars, according to CoinDesk.

Coinbase Receives CFTC Approval for Derivatives Clearing

As bitcoin, ethereum and other cryptocurrencies see major legal, institutional, and technological developments, the financial landscape continues to adapt. Stay up on the crypto news that matters with the "Crypto Currents" weekly from The Fly. Also, join us for your essential daily recap, every day at 2 PM ET on FlyCast radio.COINBASE RECEIVES CFTC APPROVAL FOR COINBASE CLEARING:Coinbaseannounced Monday it has receivedits own derivatives clearing organization. "Together with our derivatives broker, a Futures Commission Merchant and derivatives exchange, a Designated Contract Market, Coinbase Clearing LLC completes our full suite derivatives platform," Coinbase said in a blog post. "Regulatory approval for Coinbase Clearing marks clear, incremental progress on Coinbase's commitment to expanding access for regulated products and to building the financial infrastructure for the onchain economy. We will look to strengthen the infrastructure that supports our products today and build a scalable foundation for the future."Additionally on Monday, Coinbase and Citiannounced anfor corporations and consumers. Coinbase has selected Citi's Virtual Account Wallet solution, part of Citi Services' Banking-as-a-Service capabilities, to power Coinbase Virtual Accounts. This provides Coinbase's payments customers with bank-account-like functionality to accept, hold, and pay funds, with incoming fiat automatically converted into stablecoins. In parallel, Citi will enable its institutional clients to accept stablecoin payments at checkout through Spring by Citi, its integrated payment acceptance platform. Coinbase Payments powers the stablecoin acceptance. The solution automatically converts digital currency into fiat, with Citi settling funds as the bank of record. This allows merchants to serve over 150M stablecoin holders globally without needing to hold, custody or manage digital assets directly."This partnership with Coinbase is a pivotal step in our ongoing Services strategy to provide optionality for our clients," said Shahmir Khaliq, Head of Services, Citi. "We provide regulated, bank-grade solutions that remove significant hurdles for clients who want to engage in the digital economy, while also providing a foundational service for a leading virtual asset service provider like Coinbase."Keefe Bruyette resumed coverage of Coinbase with an Outperform rating and $237 price target. Coinbase offers a dual fundamental and cycle-driven thesis, with Coinbase continuing to gain crypto market share while its large installed base and distribution support resilient consumer brokerage economics and a durable stablecoin franchise, the analyst said. Its expanding derivatives and prediction markets providing additional avenues for through-cycle revenue diversification and returns, the firm said.Baird raised the firm's price target on Coinbase to $205 from $130 and kept a Neutral rating on the shares.Wells Fargo initiated coverage of Coinbase with an Equal Weight rating and $200 price target. Coinbase "remains a foundational crypto franchise," but stronger activity may not translate fully into revenue, said the analyst, who added that consumer pricing pressure and mixed USDC trends "temper" the firm's "constructive" view on what it expects to be a "meaningful crypto recovery."Piper Sandler raised the firm's price target on Coinbase to $170 from $146 ahead of quarterly results. The firm kept a Neutral rating on the shares. Piper is also raising its 2026 / 2027 EPS estimates.SOLUNA, BITDEER EXPAND AGREEMENT AT PROJECT KATI 1:Soluna Holdingsannounced Monday an amended agreement with Dory Creek, a wholly owned subsidiary of Bitdeer Technologies Group. Under the amendment expanding the partnership, Bitdeer will deploy approximatelyin South Texas, bringing its total deployment at the site to 35 MW and approximately 2.42 EH/s of hash rate. Project Kati 1 is an 83 MW wind-powered data center in Willacy County, Texas. The Bitdeer deployment is located in the site's K1BC phase, which is now fully subscribed. The agreement takes the form of a co-mining arrangement, a structure Soluna introduced to its bitcoin platform in August. Soluna provides the site, power, and turnkey operations; Bitdeer provides and owns its Sealminer A2 Pro Air mining equipment, and the parties share in the mining proceeds the deployment generates. The amendment carries the same structure as the original agreement."We entered our first co-mining agreement with Bitdeer in August, and we are expanding it before that deployment is even finished," said John Belizaire, CEO of Soluna. "That is the strongest endorsement either of us could give the structure. Kati 1 is fully spoken for, and the operating history we are building there is what makes the next site possible."Bitdeer also announced Tuesday that Bitdeer AI hasat its A201 data center facility in Johor Bahru, Malaysia for AI Cloud business ahead of energization in 1Q27. Bitdeer AI has contracted more than $1.7B in expected revenue at this site spanning the next 5 years. The company has now built a total expected revenue backlog of approximately $2.9B.Jones initiated coverage of Bitdeer with a Buy rating and $22 price target.STRATEGY BUYS MORE BITCOIN:In a Monday regulatory filing, Strategyannounced an update on its bitcoin holdings. The company reportedat an average purchase price of $85,681 between September 21 and September 27. As of September 27, Strategy holds 847,666 bitcoin acquired for an aggregate purchase price of approximately $63.95B.As part of its capital framework, Strategy maintain a U.S. dollar reserve, which is intended to support the payment of dividends on Strategy's preferred stock and interest on its outstanding indebtedness, and "USD Cash", which management maintains to deploy for broader general Bitcoin Treasury Company purposes, which may include acquiring bitcoin, expanding the USD Reserve, broader capital management uses, and other similar purposes. During the period from September 21 to September 27, Strategy used $48.1M of USD Cash to fund repurchases of STRC Stock. During the same period, Strategy used $22.1M of the USD Reserve to fund the payment of dividends on its preferred stock. As of September 27, the balances of the USD Reserve and USD Cash were $5.02B and $1B, respectively.Citi raised the firm's price target on Strategy to $240 from $136 and kept a Buy rating on the shares. The firm cites its revised bitcoin forecasts for the target boost. Citi upped its 12-month base case bitcoin forecast by 39% higher to $113,000.AMAZE EXECUTES LOI TO ACQUIRE BULLIONFX:Amaze Holdingsannounced Tuesday it has entered into a bindingincluding its core platform Alchemy, for stock valued at approximately $155M. The BullionFX assets comprise the technology, infrastructure and intellectual property behind a blockchain financial ecosystem built around auditable physical gold. If completed, the acquisition would mark a strategic expansion for Amaze beyond creator commerce and into gold-backed digital-asset infrastructure. The transaction comes amid a broad resurgence in cryptocurrency markets, rapid growth in volume within the stablecoin industry, renewed institutional engagement with digital assets, and continued strength in gold as a long-established store of value. Following closing, Amaze intends to prioritize activation of the self-custody retail wallet and yield engines and, as an initial institutional application, to pursue a listed Stable Asset Treasury vehicle for gold and USD, subject to applicable regulatory approvals."Crypto's renewed momentum and gold's enduring role as a store of value have opened a rare window for infrastructure built on both," said Joel Krutz, Interim CEO of Amaze. "Alchemy is a full-stack, gold-backed financial ecosystem, and we believe bringing it into the public markets can create meaningful long-term value for our stockholders."The company also announced Friday that it received written notice from the NYSE American announcing that the NYSE American would be commencing proceedings to delist the company's common stock from the NYSE American and that trading would be suspended immediately. The NYSE American determined that the company is no longer suitable for listing on the NYSE American pursuant to Section 1003fv of the NYSE American Company Guide due to the low selling price of the company's common stock. The Company will not appeal the NYSE American's determination to delist its common stock.BLOCKCHAIN.COM REPORTEDLY TARGETS IPO THIS YEAR:Crypto services company Blockchain.com Group has notified prospective investors that it is looking to go public this year, Bloomberg's Bailey Lipschultz and Olga Kharif reported on Monday, citing people familiar with the matter. The company is looking to raise roughly $500M in an initial public offering, targeting a valuation of $4B-$6B in the listing. Deliberations are ongoing and Blockchain.com may consider a smaller raise if necessary, the report said.OTHER CRYPTO NEWS:Circle, Volante partner toForward Industries'SOLAletheia starts Securitizewith a Hold,Bitmine Immersionreports totalDeFi DevelopmentaddsStrivepurchases 1,107 bitcoin, reportsOKX, BitGoexpandIreninitiated with a Hold at Jones,Jones initiates TeraWulfwithCore ScientificwithHut 8withCipher MiningwithSharplink Gamingwith, Bit DigitalwithMara HoldingswithRiot Platformsinitiated with a Buy at Jones,Hyperscale Datareports holdingas of September 27Wells Fargo starts Bullishat Equal Weight, says adoption remains early,Lion GroupannouncesHyperion DeFinamedEmpery DigitalinitiatedGeminiprice target loweredDeFi Technologiessubsidiary launches Zcash ETP,Figure TechnologyinitiatedVerifyMe, OpenWorldcomplete business combination, OpenWorld announcesCanaaninitiated with a Buy at Jones,CRYPTO STOCK PLAYS:Publicly traded companies in the space include Bit Digital, Coinbase, Core Scientific, Mara Holdings, Strategy, Riot Platforms and TeraWulf.PRICE ACTION:As of time of writing, bitcoin rose roughly 3% this week to $86,816 in U.S. dollars, according to CoinDesk.

Figure Reports Q2 Revenue of $226M, Exceeds Expectations

Reports Q2 revenue $226M, consensus $214.22M. CEO Michael Tannenbaum said, "We delivered our strongest quarter yet, headlined by 132% year-over-year volume growth in our Consumer Loan Marketplace, the addition of over 100 origination partners, and the scaling of our capital-light marketplace, with 65% of our volumes now on Figure Connect. With weekly applications now surpassing $1B as of July and the pending completion of our Kiavi acquisition, which we expect will significantly grow our platform into adjacent asset classes, we are accelerating our growth flywheel and our first-mover advantage in bringing the capital markets on-chain."