Figure Markets CEO Mike Cagney Cracks Open Wall Street’s Vault—Pumps Real Assets and Stocks Into DeFi

DeFi just got a shot of Wall Street adrenaline. Figure Markets—led by ex-SoFi CEO Mike Cagney—is bridging the gap between traditional finance and decentralized protocols. Real estate, equities, and other ’real world’ assets are now in play.

The move slashes through decades of financial gatekeeping—no more waiting for IPO lockups or REIT approvals. Want Tesla stock exposure via a smart contract? Done. Crave fractionalized skyscrapers? Here’s your blockchain deed.

Critics whisper this could turn DeFi into the very system it sought to disrupt—complete with synthetic SEC filings and tokenized paperwork. But Cagney’s betting TradFi will bleed into crypto faster than purists can say ’not your keys, not your coins.’

One thing’s certain: the suits and the hoodies finally have something to agree on—fees are still too damn high.