[Figure Launches On-Chain Stock and Lending Platform, Supporting the Issuance of Real Equity On-Chain and Direct Stock Lending] Odaily Planet Daily News: Blockchain lending company Figure Technology Solutions has launched a new on-chain stock and lending platform aimed at reducing intermediary processes in traditional stock lending. Reportedly, the platform is named the On-Chain Public Equity Network (OPEN), which supports the issuance of stocks on the blockchain and enables direct stock lending without the involvement of traditional intermediaries. Additionally, it will allow companies to issue equity on Figure's Provenance blockchain. Unlike many tokenization efforts, OPEN's blockchain stocks are not synthetic versions of listed stocks but represent actual equity ownership, allowing shareholders to lend or pledge these equities. (Bloomberg)