We’re democratizing capital markets. @financeguy74 tested Democratized Prime and dove into our partnership with Credibly.
Here’s what he found.
• Simplified and efficient lending and borrowing, compared to the process of getting a warehouse line.
• Pool availability for auto loans and HELOCs.
• Reduced friction should enable Credibly to pass savings onto its small business customers.
Read the full article from deBanked ↓
https://t.co/6ZthZdASVj
YLDS are unsecured face-amount certificates and solely backed by the assets of Figure Certificate Company (FCC), who is the issuer of the certificates. More information on YLDS and FCC available at https://t.co/itJtGl2KCN
Democratized Prime is a decentralized protocol integration (see https://t.co/HbmWyt8y4h) made available through Figure Markets and involves substantial market, liquidity, collateral, blockchain, smart contract, and operational risks, including the potential loss of principal or collateral. More information available, including the Terms of Service of the Decentralized Protocol Integration, at https://t.co/AWnaqW8UU5