[Figure Co-Founder Mike Cagney Launches New Project The Wallet Co, Combining Self-Custody with AI Agents] SoFi and Figure co-founder Mike Cagney announced on the X platform that he has launched a new project, The Wallet Co, a mobile application that combines the ease of modern fintech with self-custody and blockchain-native products. The initial team will be announced soon. The Wallet Co is positioned at the consumer level, offering spendable yield cash, RWA yield, securities prediction markets, and AI agents within each wallet. Cagney is currently recruiting an operations and compliance lead, requiring candidates to have hands-on experience in KYC/AML, state licensing, auditing, payments, and fund flows. The ultimate goal is to delegate repetitive tasks to AI agents while reserving human judgment for areas that truly require decision-making.