News+

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

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.

Subscribe to The Block News+ to
Unlock this Feature

Choose Your Plan

Save $ vs. paying monthly

Annual

$
per year
Join Now

Monthly

$
per month
Join Now

Questions?

If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Related Reading

Layer-1 Platforms: A Framework for Comparison

The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come. 
Read Full Story
Aug 11, 2021, 5:18PM UTC
More