Mike Cagney![]()
Founder Cabezon
Co-Founder SoFi, Figure, Provenance and Figure Markets
Mike brings decades of experience in the financial industry to Figure. Prior to founding Figure and serving as its first CEO, he was CEO, chairman and co-founder of SoFi, a leading marketplace fintech. He was also co-founder and managing member of Cabezon Investment Group, a global macro hedge fund, in addition to serving as a non-executive chairman of ReFlow. Before Cabezon, Mike founded, was CEO and then vice chairman and chief architect of Finaplex, a leader in wealth management software that was sold to Broadridge (NYSE: BR). Prior to Finaplex, Mike was Senior Vice President and head trader for the proprietary trading and financial products group at Wells Fargo Bank.
RT @Figure: We’re officially announcing OPEN (On-chain Public Equity Network), running on @provenancefdn , which will enable companies to l…
Mike Cagney
Jan 14
Very excited to launch OPEN - the On-Chain Public Equity Network. @Figure will be the first to use OPEN to issue public equity native to blockchain, trading in a lit limit order book on Figure's Alternative Trading System marketplace, usable in DeFi on Figure's Democratized Prime https://t.co/GTxxUqP39a
Mike Cagney
Jan 14
Figure’s lending business is seasonal. We tend to do less loans in Q4 than Q3, in particular in the December. For example, in 2024 our ecosystem originated about $1.4B in loans in Q3 and $1.2B in Q4. That’s why the numbers in this release matter. In 2025, we did $2.46B in Q3 and
Mike Cagney
Jan 14
Very excited to see this use case - great testament to the @vestaequityvpm and a great use case for blockchain and the @provenancefdn. Looking forward to more! https://t.co/e3hycJQlFJ
Mike Cagney
Jan 13
Another potentially cool thing about listing DATs on Figure's ATS... Let's assume that the DAT has a probability of trading above, at and below NAV. Further, assume trading premiums (discounts) to NAV are +10%, 0% and -10% and represent 25%, 50% and 25% future likelihood,
Mike Cagney
Jan 08
This is a critical vote for $HASH holders on @provenancefdn. Make sure your voice is heard! The @Figure team is excited to lean in here - at the will of the community. https://t.co/TlNatwychU
Mike Cagney
Jan 08