Upon successfully issuing a new security, the asset issuer can proceed to list it on the Figure Trading Platform. To list the security, the issuer will need to upgrade their Passport with additional broker-dealer requirements. Since the issuer already has a Passport in place, Figure Securities can access the previously collected organizational data, streamlining the process. This collaboration between the issuer and Figure Securities ensures a smooth and efficient experience for listing the newly created security on the Figure Trading Platform.
Listing on Figure Securities
Figure Securities, Inc. is a registered broker-dealer operating an Alternative Trading System (ATS) for digital securities custodied on the Provenance Blockchain. As an SEC-registered ATS, Figure Securities enables the trading of digital securities native to the blockchain, providing a platform for both primary and secondary investment opportunities.
Figure Securities offers a variety of services, including placement agent services and access to the Figure Securities trading platform (ATS), which supports a limit order book and other structures. Marketplaces can be tailored to specific requirements, such as restricting access by investor characteristics or running periodically. By connecting their passported wallets to the marketplace, entities can bid or offer on assets, requiring them to hold the asset to offer or have fiat (tokenized USD) to bid.