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Figure boss Cagney sees digital assets exchanges as the 'centerpiece' of Apollo partnership

July 27, 2021, 11:14AM EDT  ·  5 min read

Quick Take

  • Figure and Apollo, the asset management giant, are exploring ways to use the Provenance blockchain to create exchanges and other financial services. 

  • Provenance, which is targeting full decentralization, is trying to lure heavily regulated institutions away from Ethereum and other blockchains.

Mike Cagney, co-founder and CEO of Figure, shared some specifics about what the blockchain firm is working on with investment group Apollo.

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