$SOL Solana officially released a major update: Figure has submitted its second IPO application to the SEC, planning to issue equity natively on the Solana chain.

This marks a significant milestone as traditional capital markets accelerate their migration to blockchain.

In the accompanying official video, Figure's CEO stated:

The related equity will be tradable on decentralized exchanges, supporting self-custody and DeFi lending, significantly diminishing the role of traditional brokers and clearing institutions.

With Figure's expertise in the RWA field, this move is expected to bring new equity liquidity to the Solana DeFi ecosystem and provide a compliant tokenization model for more projects.

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