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.
While I disagree with some of what @citsecurities wrote to the @SECGov, I actually agree with one important aspect of their argument: "As we detail below, granting broad exemptive relief to facilitate the trading of a tokenized share via DeFi protocols would create two separate
Mike Cagney
Dec 04
When we started @Figure, I was trying to get banks to originate loans on public blockchain. No one wanted to go first. So we built @provenancefdn, made it public and decentralized, and starting originating our own mortgages on chain. The goal was always to ultimately bring https://t.co/XRajpgq1Jv
Mike Cagney
Dec 03
Isn't it better to earn staking yield backed by US mortgages than through some algorithm you don't understand? @HastraFi is changing the game for yield on @solana using @Figure assets on @provenancefdn. https://t.co/VGzsBuWtx7
Mike Cagney
Dec 02
I'm excited to be speaking at Breakpoint (@SolanaConf) in Abu Dhabi on the 12th. I'll be talking about $YLDS on @solana where builders can access yielding stablecoin with fiat rails and how we are bringing @Figure RWA yield to the Solana ecosystem through @HastraFi. https://t.co/snCze67E0T
Mike Cagney
Nov 30
What if you could put up $100K in BTC, borrow $50K against it for 12 months at a 12.17% APR, and never worry about a margin call? BTC crashes and your collateral is only worth $35K? No problem. It rallies back to $100K at maturity? Pay off the loan and get your coin. Or net
Mike Cagney
Nov 28
So this dropped today. I've been so behind I'm just getting time to post it. @Figure public equity. Native on @provenancefdn. DeFi access. Hopefully the major crypto wallets lean in to offer access to the marketplace. The world is changing - fast. https://t.co/CvyMsl72hI
Mike Cagney
Nov 18