OpenWorld Ltd. has entered into an agreement with Figure Technology Solutions Inc. to tokenize its equity securities as part of a planned listing on the NASDAQ exchange. The initiative involves utilizing Figure’s Onchain Public Equity Network, commonly referred to as OPEN, to bring blockchain-based equity issuance into a regulated financial framework.
The development follows OpenWorld’s previously disclosed plan to merge with VerifyMe Inc., a transaction that remains subject to regulatory clearance. It was indicated that OpenWorld intends to issue its shares simultaneously on NASDAQ and through Figure’s blockchain-powered platform, signaling a hybrid approach to traditional and decentralized capital markets.
The agreement enables OpenWorld to tokenize its equity and list shares both on NASDAQ and Figure’s blockchain-based OPEN network.
Expanding Access Through Blockchain Infrastructure
Figure’s OPEN platform is designed to provide investors with direct ownership of blockchain-based shares while allowing them to lend these holdings within the same ecosystem. The system offers real-time settlement capabilities and aims to reduce operational costs compared to conventional equity markets. It operates within a regulated environment, positioning itself as a compliant bridge between traditional finance and blockchain innovation.
It was highlighted that Figure has demonstrated notable financial growth, with significant revenue expansion over the past year. Despite some recent stock price fluctuations, the company continues to maintain a strong presence in the fintech sector. Its platform is supported by a wide network of institutional partners and is used to facilitate blockchain-native capital market activities.
Advancing Tokenized Assets and Private Credit
In addition to equity tokenization, OpenWorld plans to leverage Figure’s infrastructure to expand its presence in tokenized private credit markets. The company is expected to utilize Figure Forge to transition its private credit assets onto blockchain rails and integrate them into Figure’s Democratized Prime marketplace.
OpenWorld plans to bring private credit assets on-chain using Figure Forge, expanding access to tokenized financial instruments.
This approach reflects a broader industry trend in which real-world assets are increasingly digitized and made accessible through blockchain platforms. OpenWorld, which was founded in 2023, has already contributed advisory services to projects representing significant aggregate network value. Its offerings include real-world asset tokenization, stablecoin infrastructure development, and capital markets consulting.
Enhancing Investor Capabilities
Figure’s leadership indicated that the OPEN platform is structured to provide investors with greater flexibility in managing their assets. By enabling direct ownership, share lending, and cross-collateralization between cryptocurrencies and equities, the platform introduces new financial strategies that are not typically available in traditional systems.
It was conveyed that this functionality allows investors to unlock liquidity from their holdings while maintaining exposure to underlying assets. The ability to combine digital and traditional asset classes within a single framework is expected to attract both institutional and retail participants seeking more efficient financial tools.
The platform allows investors to directly own, lend, and use tokenized shares as collateral, introducing new efficiencies in capital markets.
Outlook and Regulatory Considerations
The agreement between OpenWorld and Figure remains contingent on the successful completion of the merger with VerifyMe and the necessary regulatory approvals. VerifyMe has already submitted a registration statement to the U.S. Securities and Exchange Commission for the proposed transaction, indicating progress toward compliance.
Overall, the collaboration underscores a significant shift toward integrating blockchain technology into mainstream financial markets. By combining tokenized equity issuance with established exchange listings, the initiative is positioned to redefine how companies raise capital and how investors interact with financial assets in an increasingly digital economy.
