Crypto has spent years promising that blockchain technology would eventually make financial markets cheaper, faster, and more efficient.
Figure may finally be offering investors a way to test that thesis.
The numbers from the quickly growing financial player have been increasingly difficult to ignore. Marketplace volumes grew 130% year over year. Revenue rose 95%.
And yet, Fundstrat Head of Digital ****** et Strategy Sean Farrell thinks Wall Street may still be valuing Figure more like a traditional lender rather than the blockchain-powered capital-markets marketplace it's trying to become. That could be an opportunity.
Farrell puts Figure at the top of his list of companies "that leverage the blockchain to improve their operating margins and increase growth".
#figure #farrell #Crypto
Figure may finally be offering investors a way to test that thesis.
The numbers from the quickly growing financial player have been increasingly difficult to ignore. Marketplace volumes grew 130% year over year. Revenue rose 95%.
And yet, Fundstrat Head of Digital ****** et Strategy Sean Farrell thinks Wall Street may still be valuing Figure more like a traditional lender rather than the blockchain-powered capital-markets marketplace it's trying to become. That could be an opportunity.
Farrell puts Figure at the top of his list of companies "that leverage the blockchain to improve their operating margins and increase growth".
#figure #farrell #Crypto
2 months ago
