Figure Technology Solutions, Inc. (FIGR) Bernstein 42nd Annual Strategic Decisions Conference May 27, 2026 3:30 PM EDT
Company Participants
Michael Tannenbaum – CEO & Director
Conference Call Participants
Gautam Chhugani – Bernstein Institutional Services LLC, Research Division
Presentation
Gautam Chhugani
Bernstein Institutional Services LLC, Research Division
Hi. Good afternoon, everyone. My name is Gautam Chhugani. I cover digital assets at Bernstein. One significant shift that’s happened in my space is I used to cover crypto, but native crypto has moved to what we call real-world assets. I think that’s where Figure fits in. So Mike, thanks for doing this.
Question-and-Answer Session
Gautam Chhugani
Bernstein Institutional Services LLC, Research Division
I mean, Figure has had a bit of a history. You’ve been around for a while. How has that Figure vision evolved over time? Because there’s been regulatory shift, there’s been technological shift. Just like take us through that.
Michael Tannenbaum
CEO & Director
Thanks for having me. The vision of Figure has actually been remarkably consistent since the beginning. And I think the company has been really purposeful in the way it’s built out marketplaces on blockchain rails. So if you go back — and that’s been consistent through a number of different regulatory environments, a number of different crypto winters and summers and also a number of different interest rate environments.
So I think Figure has been a business that’s thrived through all of those things. And to go back to the vision of the company when it was founded in 2018, Figure came out of SoFi in many ways. And SoFi, when I was there, we were doing about $1.5 billion a month of volume. And like many SoFi was not a bank then. Many nonbanks, you’re always thinking like how could you — how do you find a solution for all the assets you originate. And blockchain at
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