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Reading: Mike Cagney: Bitcoin’s stability rivals gold and silver, Tether’s shift to gold signals market confidence, and capital is rotating from crypto to precious metals | The Wolf Of All Streets
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DeFi

Mike Cagney: Bitcoin’s stability rivals gold and silver, Tether’s shift to gold signals market confidence, and capital is rotating from crypto to precious metals | The Wolf Of All Streets

Last updated: February 4, 2026 3:10 am
Published: 2 months ago
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A new equity capital market is emerging on blockchain, offering significant potential for financial transformation.

Mike Cagney is CEO of Figure Markets, a digital asset-focused subsidiary of Figure that operates a decentralized custody crypto exchange and launched Democratized Prime, a DeFi lending protocol connecting lenders and borrowers with on-chain assets like mortgages. He previously co-founded and served as CEO of SoFi, pioneering marketplace lending in student loans, mortgages, and personal loans. Cagney also co-founded Figure Technologies, the first company to originate consumer loans on the blockchain.

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