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Figure Technology Solutions Expands Yield-Bearing Security Token to Sui Blockchain

The Nasdaq-listed firm broadens distribution of its SEC-registered YLDS token by deploying it on Sui, enhancing accessibility for blockchain-based yield products.

SUI

Summary

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Terms & Concepts
  • Yield-Bearing Security Token: A blockchain-based token that represents a regulated security and generates periodic investment returns for holders.
  • Sui Blockchain: A layer-1 blockchain platform designed for high-performance decentralized applications and digital asset transactions.
  • SEC Registration: The process of officially registering a security with the U.S. Securities and Exchange Commission to ensure compliance with federal securities laws.