Mike Cagney
Founder @Cabezon, SoFi, Figure, Provenance and Figure Markets
Mike is the Co-founder and Chief Executive Officer of Figure, where he leads corporate strategy and development. Mike brings decades of experience in the financial industry to his leadership of the company, previously serving as CEO, chairman and co-founder of SoFi.
Is blockchain really democratized finance when all the validators run on Google and Amazon cloud, Microsoft Azure, etc. Cold storage protects what you have, but without the ability to transact what's the point? Maybe Elon has a solution...
Mike Cagney
Jul 01
And in other Supreme Court news, Jarkesy eliminates the administrative judge system (AJS) employed by the regulators. Now the accused will have the right to a jury trial. The SEC had a 90% win rate for cases brought before the AJS, vs. 69% in court. With all the enforcement… https://t.co/ekffTOUYxc
Mike Cagney
Jun 28
Biggest news in crypto right now should be about the Supreme Court's Chevron ruling. This moves arbitrary enforcement from the regulator to the court. Previously, when there wasn't clear legislation, courts had to side with the regulator (e.g., the SEC). With this decision,… https://t.co/zBITIvBgWP
Mike Cagney
Jun 28
With prediction markets putting Trump 19 points ahead of Biden, many would think BTC would be rallying. I think there are two counterveiling forces here. First, be careful what you wish for. Despite crypto friendly rhetoric, we don't know who will head the SEC (and CFTC) in a… https://t.co/5rl1nBBFUK
Mike Cagney
Jun 28
The value of a crypto utility token should be driven by either a.) the expected present value of fees paid into the L1 that uses the token for staking and/or b.) specific economic value that accrues to the token (e.g., discounted trading, wireless minutes, etc.). Everything else… https://t.co/mB3ps2kdSC
Mike Cagney
Jun 25
Lots of people wanted me to better outline the BTC basis carry trade, so here it is. This is not investment advice. Using 6/21 closing prices, the July 24 BTC futures was 64,810 vs. a 63,972 spot price (identical time stamps). There are 38 days to contract settlement. So if I… https://t.co/4eQ93G6Hmx
Mike Cagney
Jun 24
Articles
View allDigital Banking 2022 Fireside Chat: The State of Digital Banking - American Banker
Cagney’s Figure Creates a Blockchain-Based Way to Raise Equity
The Blockchain Interviews Talks to Mike Cagney
Cagney’s Figure Agrees to Merge with Lender Homebridge
Mike Cagney’s Blockchain Firm Figure Technologies Acquires $200M via Series D at $3.2B Valuation
Mike Cagney is looking to buy a mortgage company, or two
Podcasts
View allMike Cagney - Found & CEO of Figure | FIINNOVATORS
EP. 22 Financial transactions on Blockchain with Mike Cangey | Riches in the Niches Investor Podcast
3.12.21 Figure’s Mike Cagney Interview on Blockchain and SPACs | Chrisman Commentary
Figure, SoFi and the Disruption of Finance with Mike Cagney | Rebank: Banking the Future
Mike Cagney, Co-Founder & CEO of Figure: The Inevitable Automation of Blockchain in Finance | The Pomp Podcast
Podcast 276: Mike Cagney of Figure
Videos
View allFigure | The INNOVATORS
Startup 'Figure' Brings Home Loans to the Blockchain | First Mover - CoinDesk TV
Mike Cagney on The Blockchain Interviews with Dan Weiskopf | ETF Think Tank
Investing in Crypto & Blockchain Companies | CfC St. Mortiz
Boston FinTech Week 2021: Powered by DeFi -The Future of Finance-
Figure CEO Mike Cagney on (Real World) Blockchain Applications
Mike Cagney joins Chris Brummer to talk about concrete use cases for blockchain. Learn more about your ad choices. Visit megaphone.fm/adchoices