Catenaa, Monday, October 20, 2025- Figure Technology Solutions is launching its SEC-registered, yield-bearing security token YLDS on the Sui blockchain, marking the token’s first deployment beyond Provenance.
YLDS, backed by short-term Treasurys and repurchase agreements, accrues daily yield paid monthly at the Secured Overnight Financing Rate minus 35 basis points.
The token will power Sui’s main trading platform, DeepBook, including margin trading, with stablecoins automatically converted into YLDS.
Figure co-founder Mike Cagney said the move is part of a broader plan to deploy regulated, yield-bearing security tokens across multiple networks.
The initiative aims to remove traditional intermediaries and provide users direct access to institutional-grade financial products.
The integration will also provide Sui users with a fiat on- and off-ramp, allowing USD access without relying on conventional crypto exchanges. The two firms plan additional collaborations to expand YLDS and SUI functionalities.
Figure went public in September, and FIGR shares traded at $44.20, down from last week’s high of $49. The launch of YLDS on Sui highlights the growing interest in regulated tokenized securities across blockchain ecosystems.
