Today Provenance Blockchain Inc announced that it completed a $20 million security token offering (STO) for the permissioned provenance.io lending platform. Provenance was developed by Figure Technologies which was started by Mike Cagney, the former CEO of SoFi. A month ago
Figure announced a $65 million Series B round, bringing its total funding to $120 million.
The STO investors included participation from blockchain and traditional technology investors, but none are named in the announcement.
Figure Technologies’ advisors include former SEC chairman, Arthur Levitt, former FDIC Chairwoman Sheila Bair, former Digital Asset CEO Blythe Masters, Global Atlantic CIO Anup Agarwal and Andy Sandler, founder of Buckley Sandler.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
