Mike Cagney’s second act: Turning blockchain into Wall Street’s new plumbing

Mike Cagney’s Figure processes $1B monthly, cutting Wall Street’s middlemen and speeding credit markets with blockchain plumbing.

Key takeaways

• Why Mike Cagney’s Blockchain Vision Could Revolutionize Wall Street’s Infrastructure
• A $1 billion monthly transaction volume isn’t just a headline—it’s a shot across Wall Street’s bow. Mike Cagney’s Figure hit that mark in April, signaling a shift from...
• Traditional credit markets rely on a sprawling web of middlemen. Every loan, equity trade, or asset transfer passes through hands that add friction, fees, and time. Fo...
• Cagney’s push matters because he’s not just tinkering at the edges. He’s targeting the core plumbing, aiming to embed blockchain where the real money moves. If it work...

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