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515 Mike Cagney’s second act: Turning blockchain into Wall Street’s new plumbing

CoinDesk
Will Canny @ CoinDesk · 05/03/2026 09:00 EDT

Mike Cagney’s second act: Turning blockchain into Wall Street’s new plumbing

Figure’s $1 billion month capped a years-long push to strip out middlemen from credit markets, bringing real-world assets, lending and even equities onchain.

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