Reimagining Financial Services from First Principles with Mike Cagney of Figure

Episode notes

Join Alex Tapscott as he decodes the world of crypto with special guest Mike Cagney, Co-Founder and Executive Chairman of Figure. Listen in as they discuss how Figure is using blockchain to rebuild capital markets from the ground up, why putting loans, ownership records, custody, and secondary trading onchain can make credit markets more efficient, and how DeFi capital can lower borrowing costs for real-world consumers. They also explore the limits of tokenization, what assets actually belong onchain, why L1 token value remains difficult to underwrite, how public equities and private credit could become blockchain-native, and why AI-native startups may force every financial company to rethink how it operates.

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