At a glance
Type: issuer
Jurisdiction: United States
Chain: Provenance
Status: live
Last updated: 2026-10-25
| Field | Value |
|---|---|
| name | Figure OPEN |
| jurisdiction | United States |
| product_name | Series A Blockchain Common Stock (FGRS; launched as FGRD, renamed March 2026) |
| structure | Blockchain-native equity |
| chains | Provenance |
| who_can_buy | unknown |
| num_assets | 1 tracked |
In plain English: Figure lets companies issue their shares directly on a blockchain, so the token is the real share.
Figure’s OPEN lets companies issue equity natively on Provenance, trading via Figure’s ATS (Figure); registration filing announced Nov 2025 (Figure).
The 18 Feb 2026 prospectus offered up to 4,375,000 shares of Series A Blockchain Common Stock, each convertible into one Class A share; the stock is recorded on Provenance and bought with YLDS from self-custodial wallets (424(b)(4)).
The prospectus does not state a ticker. Figure’s launch announcement uses FGRS (Figure); launch coverage used FGRD, and Figure changed it to FGRS in March 2026 to match its final SEC registration (Gate News, news).
The Figure announcement page blocked retrieval, so only its headline was checked.
What this means for holders
- Figure’s Series A Blockchain Common Stock is SEC-registered stock on the Provenance blockchain, convertible 1:1 into Class A common stock (424(b)(4)).
- It is bought with YLDS, Figure’s stablecoin-like token, per the prospectus.
Reference information only, not investment advice.
Sources
Public originals for the facts on this page.
- https://www.sec.gov/Archives/edgar/data/2064124/000162828026008786/figure-blockchain424b4.htm
- https://www.figure.com/newsroom/announcement/figure-launches-fgrs-first-sec-registered-blockchain-native-stock/
- https://www.gate.com/news/detail/figure-tokenized-stock-ticker-changed-from-fgrd-to-fgrs-19721680
- https://investors.figure.com/news-releases/news-release-details/figure-announces-chain-public-equity-network-open-running
- https://investors.figure.com/news-releases/news-release-details/figure-announces-public-filing-registration-statement-proposed
- https://zerion.io/blog/best-tokenized-stock-platforms/
Last checked 2026-10-25. Headline fields only; unknown means not yet verified from a source.