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Figure's $7.6 Billion IPO | How Mike Cagney Is Changing Capital Markets On The Blockchain
Description
Mike Cagney is the Co-Founder & CEO of Figure and the former Co-Founder & CEO of SoFi. Figure recently went public on the NASDAQ and now has a $7.6 billion valuation. In this conversation, we discuss why Mike took Figure public, going all-in on blockchain, the differences between traditional FinTech and blockchain-integrated businesses, the challenges and benefits of going public, the company's growth strategies with capital, the state of DC legislation, if CLARITY will pass, and why the macro economy could help Figure with rate cuts likely coming soon.
This episode is sponsored by Gemini: https://gemini.com/CIA
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TIMESTAMPS:
0:00 - Welcome Mike Cagney To Crypto In America!
0:32 - What Crypto In America Means To Mike
1:46 - From SoFi to Figure
2:54 - Blockchain's Role in Lending and Liquidity
5:33 - Why Figure Went Public, Market Reactions
9:44 - Utilizing Public Capital for Growth and Innovation
12:00 - Navigating Volatility in Crypto Lending
15:03- Real-Time Data With Blockchain, Avoiding Data Revisions - Dealing With Regulators
21:25 - Future of Blockchain in Financial Applications
26:14 - Impact of Interest Rates At The Fed & Macro Economy
27:24 - Regulatory Landscape In DC - Will Clarity Pass?
29:51 - Thanks Mike For Joining! Like & Subscribe
#crypto #bitcoin #blockchain #investing #technology #america