Sui Partners with Figure Technology Solutions to Deploy YLDS on Sui
Figure Technology Solutions (Nasdaq: FIGR) announced on October 14, 2025 that Figure Certificate Company will deploy YLDS, its SEC-registered yield-bearing debt security, natively on the Sui blockchain.
YLDS is backed by short-term treasuries and repos, yields SOFR minus 35 basis points with daily accrual and monthly payments, and will be used to power DeepBook margin trading. Stablecoins on Sui will be automatically swapped into YLDS to provide 24/7 liquidity and direct fiat rails. The partnership is positioned as the first L1-native deployment beyond Provenance and may expand to additional integrations, including potential SUI collateral use in Figure's lending platform.
Figure Technology Solutions (Nasdaq: FIGR) ha annunciato il 14 ottobre 2025 che Figure Certificate Company distribuirà YLDS, il suo titolo di debito indicizzato al rendimento registrato SEC, nativamente sulla blockchain Sui.
YLDS è garantito da titoli di stato a breve termine e repo, rende SOFR meno 35 punti base con accrual giornaliero e pagamenti mensili, e sarà utilizzato per alimentare il trading a margine DeepBook. Le stablecoin su Sui verranno automaticamente convertite in YLDS per fornire liquidità 24/7 e piste fiat dirette. La partnership è presentata come la prima implementazione nativa L1 oltre Provenance e potrebbe espandersi ad ulteriori integrazioni, inclusa la potenziale utilizzazione di collateral SUI nel lending di Figure.
Figure Technology Solutions (Nasdaq: FIGR) anunció el 14 de octubre de 2025 que Figure Certificate Company desplegará YLDS, su valor de deuda remunerada registrado por la SEC, de forma nativa en la cadena de bloques Sui.
YLDS está respaldado por letras del tesoro a corto plazo y repos, ofrece un rendimiento de SOFR menos 35 puntos básicos con acumulación diaria y pagos mensuales, y se utilizará para impulsar el trading de margen DeepBook. Las stablecoins en Sui se cambiarán automáticamente a YLDS para proporcionar liquidez 24/7 y vías directas fiat. La asociación se posiciona como el primer despliegue nativo de L1 más allá de Provenance y podría ampliarse a integraciones adicionales, incluida una posible utilización de colateral SUI en la plataforma de préstamos de Figure.
Figure Technology Solutions (나스닥: FIGR)는 2025년 10월 14일에 Figure Certificate Company가 YLDS, SEC에 등록된 수익 지급 부채 증권을 Sui 블록체인에서-native으로 배포할 것이라고 발표했습니다.
YLDS는 단기사채와 레포로 뒷받침되며, SOFR에서 35bp를 뺀 수익률을 보이며 매일 발생액과 매월 지급액이 있고, DeepBook 마진 거래를 구동하는 데 사용될 예정입니다. Sui의 스테이블코인은 자동으로 YLDS로 교환되어 24/7 유동성과 직접적인 명목화폐 레일을 제공합니다. 이 파트너십은 Provenance를 넘어서는 첫 L1-네이티브 배치로 간주되며 Figure의 대출 플랫폼에서 SUI 담보 활용 가능성 등 추가 통합으로 확장될 수 있습니다.
Figure Technology Solutions (Nasdaq: FIGR) a annoncé le 14 octobre 2025 que Figure Certificate Company déploiera YLDS, son titre de dette à rendement enregistré par la SEC, nativement sur la blockchain Sui.
YLDS est adossé à des bons du Trésor à court terme et à des accords de rachat, offre un rendement SOFR moins 35 points de base avec accrual quotidien et paiements mensuels, et sera utilisé pour alimenter le trading sur marge DeepBook. Les stablecoins sur Sui seront automatiquement convertis en YLDS pour fournir une liquidité 24/7 et des rails fiat directs. Le partenariat est présenté comme le premier déploiement natif L1 au-delà de Provenance et pourrait s’étendre à d’autres intégrations, y compris une utilisation potentielle de collatéral SUI dans la plateforme de prêt de Figure.
Figure Technology Solutions (Nasdaq: FIGR) gab am 14. Oktober 2025 bekannt, dass Figure Certificate Company YLDS, seine SEC-registrierte renditebringende Schuldverschreibung, nativ auf der Sui-Blockchain bereitstellen wird.
YLDS wird durch kurzfristige Treasuries und Repo-Geschäfte gestützt, bietet eine Rendite von SOFR minus 35 Basispunkte mit täglicher Ansammlung und monatlichen Zahlungen und wird genutzt, um den Margin-Handel mit DeepBook zu ermöglichen. Stablecoins auf Sui werden automatisch in YLDS umgetauscht, um 24/7-Liquidität und direkte Fiat-Wege bereitzustellen. Die Partnerschaft wird als erster L1-native Einsatz jenseits von Provenance gesehen und könnte sich auf weitere Integrationen ausdehnen, einschließlich einer potenziellen SUI-Kollateralverwendung in Figures Lending-Plattform.
Figure Technology Solutions (ناسداك: FIGR) أعلنت في 14 أكتوبر 2025 أن شركة Figure Certificate ستنفذ YLDS، سند الدين المدفوع العائد المسجل لدى SEC، بشكل أصلي على بلوكتشين Sui.
YLDS مدعوم بسندات الخزانة القصيرة الأجل والريبو، ويحقّق عائداً SOFR ناقص 35 نقطة أساس مع تراكم يومي ومدفوعات شهرية، وسيُستخدم لتشغيل التداول الهامشي DeepBook. كما ستُحوّل العملات المستقرة على Sui تلقائياً إلى YLDS لتوفير سيولة على مدار 24/7 ومسارات نقدية مباشرة. وتوصف الشراكة بأنها أول نشر أصلي من الطبقة 1 خارج Provenance، ويمكن أن تتوسع إلى تكاملات إضافية، بما في ذلك احتمال استخدام رهانات SUI في منصة الإقراض لدى Figure.
Figure Technology Solutions (纳斯达克: FIGR) 于 2025年10月14日 宣布，Figure Certificate Company 将在 Sui 区块链原生部署 YLDS，这是其经SEC注册的收益型债务证券。
YLDS 背后由短期国债与回购支持，收益率为 SOFR 减去 35 个基点，日收益并月度付息，将用于推动 DeepBook 保证金交易。Sui 上的稳定币将自动兑换成 YLDS，以提供 24/7 的流动性和直接法币通道。该伙伴关系被定位为 Provenance 之外的首个原生 L1 部署，未来可能扩展到其他集成，包括 Figure 的借贷平台中潜在的 SUI 抵押品使用。
- YLDS is a SEC-registered debt security
- Yield set at SOFR minus 35 bps with daily accrual and monthly payments
- Native deployment to power DeepBook margin trading on Sui
- Automated conversion of stablecoins into yield-bearing YLDS with 24/7 liquidity
- Initial rollout is limited to DeepBook users only
- Broader integrations and SUI collateral use are exploratory and not binding
Insights
Partnership brings an SEC-registered yield token natively to Sui, enabling yield on DeepBook and direct fiat rails.
Figure Certificate Company (FCC) will mint YLDS, an SEC-registered debt security backed by short-term treasuries and repos that yields
The business mechanism links a regulated, yield-bearing token to Sui’s liquidity primitive DeepBook, using YLDS as a foundational yield layer for an isolated stablecoin lending pool that captures yield from trading activity, borrowing fees, and liquidations; the release also aims to add direct fiat on/off-ramps and possible SUI collateral integration.
Key dependencies and risks include successful technical integration with DeepBook, regulatory maintenance of SEC registration, and user adoption of YLDS as the stablecoin-to-yield bridge; timelines and outcomes for additional integrations remain unspecified beyond the initial DeepBook deployment on
Watch for three concrete near-term signals: live margin trading using YLDS on DeepBook, activation of direct fiat rails for Sui users, and any announcement about SUI being accepted as collateral; expect relevant updates within product launch and integration windows following this partnership.
Partnership Marks First L1 Blockchain Native Deployment Beyond Provenance Blockchain for Figure Certificate Company (FCC), a subsidiary of Figure Technology Solutions, Inc.
SAN FRANCISCO, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Figure Technology Solutions, Inc. (Nasdaq: FIGR) today announced a strategic partnership between Sui and Figure Certificate Company (FCC), or "Figure", a subsidiary of Figure Technology Solutions, Inc. FCC will deploy YLDS, its SEC-registered yield-bearing security token, natively on the Sui blockchain. The partnership is initially designed to offer yield on DeepBook, Sui's leading limit order book, with further collaboration planned around both YLDS and SUI.
YLDS is a SEC-registered debt security, which is backed by short-term treasury securities and repurchase agreements involving treasury securities, yielding SOFR minus 35 basis points with daily accrual and monthly payments. The native deployment on Sui will power DeepBook's margin trading. Stablecoins will be automatically swapped into YLDS, a yield-bearing token that enables both individuals and institutions to access yield-generating digital dollars with instant peer-to-peer transfers and 24/7 liquidity.
The native deployment on Sui will initially allow DeepBook users access to YLDS. YLDS will convert stablecoin holdings into yield-bearing assets. Holding YLDS has the secondary benefit of enabling both individuals and institutions to access robust fiat rails and yield-generating digital dollars with instant peer-to-peer transfers and 24/7 liquidity.
"Issuing YLDS on Sui represents the beginning of a broader initiative to deploy SEC-compliant, yield-bearing security tokens across multiple blockchain networks," said Mike Cagney, Co-Founder and Executive Chairman of Figure. "We're proud to take this first step with Sui and remove traditional intermediaries in order to level the playing field and democratize access to institutional-grade financial products."
“Bringing YLDS to Sui marks a significant upgrade for regulated DeFi, where institutions can access compliant and dynamic assets with the speed and security that only Sui can provide,” said Evan Cheng, Co-Founder and CEO of Mysten Labs, the original contributor to Sui. “By combining regulated, yield-bearing security tokens with seamless composability, YLDS further cements Sui as the premier platform for real-world asset adoption and institutional-grade financial infrastructure.”
Supporting DeepBook's margin trading infrastructure
The partnership initially centers on Sui’s leading liquidity layer, DeepBook, a primitive in the Sui Stack and the ecosystem’s largest venue for SUI trading. DeepBook's upcoming margin trading system will utilize an isolated stablecoin lending pool that generates yield from trading activity, borrowing fees, and liquidation events. YLDS will serve as a foundational yield layer, converting stablecoins into yield-bearing assets by minting YLDS natively on Sui, to maximize capital efficiency.
Direct fiat access and expanded integrations
The minting of YLDS directly on Sui, will ultimately provide a direct fiat on- and off-ramp for Sui users, enabling access to USD without relying on traditional crypto exchanges.
This announcement marks the first step in a broader strategic partnership between Figure Technologies and Sui. Figure and Sui are also exploring additional collaborative opportunities, including the potential of integrating the SUI token as a collateral asset in Figure's lending platform.
Explore how Figure and Sui are building compliant DeFi infrastructure by visiting ylds.com and Sui.io.
About Sui
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing user-friendly experiences. For more information about Sui, please visit https://sui.io.
About Figure Technology Solutions, Inc.
Figure Technology Solutions, Inc. is a publicly-traded technology company transforming capital markets by eliminating traditional intermediaries through Provenance Blockchain infrastructure.
Figure's blockchain-native platform enables superior home equity rates compared to traditional banks, driving over
Figure Markets extends these capabilities into a global on-chain trading and lending marketplace. Through Democratized Prime, retail and institutional participants can lend and borrow directly, including access to pools backed by Figure's tokenized home equity portfolio and YLDS. By removing intermediaries, Figure enables better rates for consumers, better returns for lenders, and unprecedented market transparency and efficiency.
Learn more about Figure’s technology, products, and marketplace offerings at figure.com. For more information on YLDS, visit ylds.com
Disclosures for YLDS issued by Figure Certificate Company:
Investment products: Not FDIC Insured, No Bank Guarantee, May Lose Value.
YLDS Stablecoins are unsecured face-amount certificates and solely backed by the assets of Figure Certificate Company (FCC), who is the issuer of the certificates. As a subsidiary of Figure Markets Holdings, Inc., FCC is (absent exclusion or exemption) required to comply with certain limits on its activity, including investment and/or trading limitations on its portfolio and other limitations under applicable banking and securities laws. FCC is not a bank, and the securities it offers are not deposits or obligations of, or backed or guaranteed or endorsed by, any bank or financial institution, nor are they insured by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board or any other agency. The Certificates are not an insurance company product, an equity investment, or an investment in a money market mutual fund. FCC’s qualified assets on deposit may exceed the deposit amounts required by applicable regulations. If there are losses on FCC’s assets, FCC may not have sufficient resources to meet its obligations, including making interest and/or principal payments on your certificates. Most of FCC's assets are debt securities and are subject to risks including credit risk, interest rate risk and prepayment and extension risk. You could lose money by investing in the Stablecoin. Although the Stablecoins seeks to preserve the value of your investment at
Interest rate applicable to all Certificates is the overnight Secured Overnight Financing Rate (“SOFR”) less 35 basis points, with a minimum rate of
FCC will collect certain information about you that helps us comply with various securities regulations and rules and the USA PATRIOT Act, a Federal law that requires all investment companies to obtain, verify, and record information that identifies each applicant. Please note: if we cannot verify the information you provide, we will be required to restrict or deny your account.
Reserves for YLDS Stablecoins are managed by Figure Investment Advisors, LLC, a registered investment advisor located at 650 California, Suite 200, San Francisco, CA, 94108. For more information about Figure Investment Advisors, LLC, or to obtain a free copy of our disclosure brochure, please contact us at 628-236-5823 or you may download a copy at Figure Markets Website.
Figure Certificate Company and Figure Investment Advisors, LLC are subsidiaries of Figure Technology Solutions, Inc.
Contacts
press@figure.com
FAQ
What did FIGR announce on October 14, 2025 about YLDS on Sui?
What is the yield and payment schedule for FIGR's YLDS token?
How will YLDS interact with stablecoins on Sui and DeepBook (FIGR)?
Will FIGR's YLDS provide fiat on- and off-ramps on Sui?
Does the FIGR–Sui partnership change DeepBook's margin trading design?
Could SUI be used as collateral in FIGR's lending platform after this partnership?
