Figure Technology Solutions and OpenWorld Ltd. have entered into a partnership that will see OpenWorld’s equity securities tokenized on Figure’s Onchain Public Equity Network (OPEN). The agreement allows OpenWorld to issue and trade its shares as blockchain‑backed tokens, creating a hybrid listing that will coexist with a forthcoming NASDAQ listing.
OPEN, which launched in February 2026, is built on Figure’s Provenance blockchain and is designed to enable public equity tokenization with full regulatory compliance. By onboarding OpenWorld, Figure demonstrates that its platform can support a real‑world asset that is already pursuing a traditional exchange listing, thereby expanding liquidity and market reach for tokenized equity offerings.
OpenWorld’s proposed NASDAQ listing remains pending, but the company is pursuing a dual‑listing strategy that will pair the traditional exchange with the on‑chain platform. The partnership also ties into OpenWorld’s pending merger with VerifyMe, Inc., a condition for the tokenization agreement, and signals the company’s commitment to blockchain innovation as it prepares for the merger’s completion.
For Figure, the deal validates the OPEN Network’s ability to attract high‑profile issuers and positions the company as a leading infrastructure provider for real‑world asset tokenization. The partnership is expected to increase liquidity for tokenized securities and attract additional issuers and investors to the network, reinforcing Figure’s strategic growth trajectory.
For OpenWorld, tokenizing its own equity on Figure’s platform demonstrates a willingness to lead by example and offers investors direct ownership, the ability to lend holdings for yield, and cross‑collateralization of crypto and equities—features not widely available on traditional brokerages. The move also signals to institutional partners that OpenWorld is committed to blockchain‑based capital markets.
"This agreement with Figure positions OpenWorld at a critical moment in the evolution of real‑world asset tokenization. We are not building tokenization infrastructure for others while leaving our own securities on legacy rails. Tokenizing our equity on Figure’s OPEN network demonstrates to our institutional partners that we are willing to go first," said Matt Shaw, co‑founder and CEO of OpenWorld.
"Investors have long had no real say in how their equity works for them, but OPEN changes that. By having the ability to issue alongside NASDAQ, companies like OpenWorld would be able to give investors a genuine choice," said Mike Cagney, executive chairman of Figure.
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