moomoo Serves as First Brokerage Platform for Retail Access to Figure Technology Solutions Inc.’s blockchain-native share offering

Rhea-AI Summary

moomoo (NASDAQ:FUTU) acted as the first U.S. brokerage to give retail investors access to Figure Technology Solutions' blockchain-native share offering (FGRD) on Feb. 26, 2026. The offering is described as the first SEC-registered public equity issued in blockchain-native form.

Customers used existing moomoo brokerage accounts and U.S. dollar buying power; the firm says all customers who requested shares received an allocation. moomoo charged no commissions on U.S.-listed equities and reports no blockchain “gas” fees for FGRD subscriptions or trading.

Positive

• First U.S. brokerage to enable retail access to blockchain-native public equity
• All requesting customers received an allocation for the FGRD offering
• No commissions on U.S.-listed equities and no blockchain gas fees for FGRD subscriptions

Negative

• Blockchain-native securities carry network, settlement, regulatory, and liquidity risks
• Allocation amount and method are subject to change
• $0 commission applies only to U.S. residents trading U.S. markets; other fees may apply

Key Figures

U.S. equity commissions: $0

1 metrics

U.S. equity commissions $0 moomoo does not charge commissions on U.S.-listed equities

Market Reality Check

Price: $151.72 Vol: Volume 2,116,630 is 19% a...

normal vol

$151.72 Last Close

Volume Volume 2,116,630 is 19% above the 20-day average of 1,782,006, indicating elevated interest ahead of/around this news. normal

Technical Shares at 151.72 are trading below the 200-day MA of 157.91, despite a 5.38% daily gain and being 114.9% above the 52-week low.

Peers on Argus

FUTU gained 5.38% while peers were mixed: LPLA up 2.28% but TW, EVR, JEF, and HL...

FUTU gained 5.38% while peers were mixed: LPLA up 2.28% but TW, EVR, JEF, and HLI were modestly negative. With no peers in the momentum scanner, the move appears stock-specific to this blockchain-native offering news.

Historical Context

5 past events · Latest: Feb 24 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 24	Education initiative	Positive	-1.9%	Awarded <b>$10,000</b> to school after 13-week trading competition.
Feb 24	Earnings date set	Neutral	-1.9%	Announced date and time for Q4 and full-year 2025 results.
Jan 23	IPO access expansion	Positive	-0.2%	Expanded retail access to BitGo IPO with strong subscriber demand.
Dec 01	Marketing campaign	Positive	+0.6%	Launched NYC OOH campaign targeting millions of commuters for earnings season.
Nov 20	Store opening	Positive	-7.3%	Opened first Canadian experience store to deepen engagement with traders.

Pattern Detected

Recent platform- and expansion-related announcements often saw muted or negative next-day reactions, with several positive-sounding updates followed by declines.

Recent Company History

Over the last six months, FUTU’s news flow has centered on platform expansion and brand building. Key items included the BitGo IPO access on Jan 23, 2026 with strong retail demand, a large NYC “Trade Smart” campaign reaching 3.4 million daily commuters, and opening a Canadian experience store on Nov 22, 2025. Despite generally positive themes, price reactions have been mixed, with several marketing and access initiatives followed by short-term pullbacks.

Market Pulse Summary

This announcement highlights FUTU’s role in giving retail investors access to Figure’s blockchain-na...

Analysis

This announcement highlights FUTU’s role in giving retail investors access to Figure’s blockchain-native, SEC-registered equity through familiar brokerage workflows and $0 U.S. equity commissions. It reinforces a broader strategy of expanding participation in new issuance formats without requiring digital wallets. Historically, FUTU’s platform and marketing initiatives have produced mixed short-term price reactions, so investors may watch upcoming earnings, adoption metrics, and additional blockchain-related collaborations to gauge lasting impact.

Key Terms

blockchain-native, smart contract, liquidity risk, initial public offerings (ipos), +1 more

5 terms

blockchain-native technical

"Figure Technology Solutions Inc.’s blockchain-native share offering."

Software, products or services described as blockchain-native are built from the ground up to run on a distributed digital ledger rather than being adapted from traditional systems. For investors this matters because blockchain-native offerings rely on network effects, token economics, and the security and speed of the underlying ledger, so they can offer new revenue models and efficiencies but also carry unique scalability, regulatory and custody risks—think of a boat designed for water versus a car put on a raft.

smart contract technical

"smart contract vulnerabilities), settlement failure risk (reliance on counterparty"

A smart contract is a computer program stored on a blockchain that automatically carries out the terms of an agreement when preset conditions are met — like a vending machine that releases a snack when you insert the right coins. For investors, smart contracts matter because they can cut out intermediaries, speed up and lower the cost of transactions, and make outcomes more transparent, but they also introduce technology and regulatory risks that can affect asset value.

liquidity risk financial

"liquidity risk typical of emerging markets."

Liquidity risk is the chance that an investor or company cannot quickly buy or sell an asset or raise cash without substantially affecting its price. Like trying to sell a specialty item in a quiet market and having to steeply cut the price, this risk matters because it can force losses, delay payments or investments, or make short-term funding much more expensive. Investors assess it to know how easily holdings can be turned into cash when needed.

initial public offerings (ipos) financial

"Initial Public Offerings (IPOs) can be risky and speculative investments"

An initial public offering (IPO) is when a privately held company sells shares to the general public for the first time, turning private ownership into publicly traded stock that can be bought and sold on a market. For investors, an IPO creates a new opportunity to buy ownership in a company early, offering potential for big gains or losses as the market sets a public price and liquidity—think of it as a bakery that used to sell only to friends now opening to the neighborhood, where demand and price can change quickly.

digital wallets technical

"without requiring customers to use digital wallets or blockchain-native"

A digital wallet is an app or online service that lets people store and use payment details, identification, loyalty cards, or cryptocurrency on a phone or computer—think of it as a virtual version of a physical wallet that can pay for things, prove identity, or hold digital assets. Investors care because widespread use changes how consumers pay, shifts revenue toward companies that control these payment flows, and introduces technology, security and regulatory risks that can affect profits and valuation.

AI-generated analysis. Not financial advice.

All moomoo customers who requested shares received an allocation

JERSEY CITY, N.J., Feb. 26, 2026 (GLOBE NEWSWIRE) -- moomoo, a global investment and trading platform, today announced that it was the first U.S. brokerage firm to provide retail investor access to Figure Technology Solutions Inc.’s blockchain-native share offering. The offering represents the first SEC-registered public equity issued in blockchain-native form.

The transaction reflects moomoo’s continued focus on enabling retail participation in new issuance formats for public equity, rather than new asset classes, while maintaining compliance with applicable U.S. securities regulations. Customers participated using U.S. dollar buying power through their existing moomoo brokerage accounts, and all customers who requested shares received an allocation.* moomoo does not charge commissions on U.S.-listed equities, and there were no blockchain “gas” fees associated with FGRD subscriptions or market trading.**

“Public equities have long depended on legacy infrastructure designed decades ago,” said Mike Cagney, co-founder and Chairman of Figure Technology Solutions. “With this offering, we’re demonstrating that equities can be issued and traded on blockchain in a fully regulated context. Working with partners like moomoo allows this innovation to reach retail investors through a familiar, regulated brokerage experience.”

Moomoo continues to expand retail participation in evolving capital markets while maintaining alignment with U.S. regulatory standards. The offering was made available through standard brokerage workflows, without requiring customers to use digital wallets or blockchain-native payment methods.

“Being the first brokerage firm to support retail access to this blockchain-native offering reflects the trust placed in our platform and our regulatory capabilities,” said Neil McDonald, CEO of moomoo U.S. “It also emphasizes our focus on expanding investor choice by making new market structures accessible to everyday investors through our compliant, transparent brokerage experience.”

The FGRD offering highlights a broader evolution underway in U.S. capital markets as regulated firms explore the integration of blockchain-based infrastructure alongside existing systems. For moomoo, participation in this transaction represents another step in bridging traditional brokerage services with emerging market technologies, while maintaining a focus on investor protection, transparency, and regulatory compliance.

*Investing involves risk and the potential to lose principal. Initial Public Offerings (IPOs) can be risky and speculative investments and may not be appropriate for every investor. Blockchain native securities may be subject to unique risks including blockchain technology risk (network congestion or smart contract vulnerabilities), settlement failure risk (reliance on counterparty performance on-chain), regulatory risk (evolving digital asset frameworks), and liquidity risk typical of emerging markets. Moomoo does not offer investment recommendations or professional advice. All decisions to subscribe to New Issue offerings are made at investor's own risk. Allocation amount and method are subject to change. Securities offered through Moomoo Financial Inc., Member FINRA/SIPC.

** Other fees may apply. $0 commission trading is available only to U.S. residents trading in the U.S. markets through Moomoo Financial Inc. For more info, visit moomoo.com/us/pricing

About Moomoo
Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, moomoo is trusted by more than 27 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability, including being recognized as the #1 Broker for Stocks in North America in 2024 and 2025 by TradingView.

For more information, please visit moomoo's official website at www.moomoo.com

Accolades are not indicative of future performance. Moomoo Financial Inc. is not affiliated with TradingView. For more information, please visit:

https://www.tradingview.com/blog/en/revealing-broker-awards-winners-2024-50143/

https://www.tradingview.com/blog/en/broker-awards-2025-winners-56493/

Media Contact
pr@us.moomoo.com

FAQ

What did moomoo announce on Feb. 26, 2026 about FUTU and Figure's FGRD offering?

moomoo said it was the first U.S. brokerage to provide retail access to Figure's blockchain-native FGRD offering. According to moomoo, customers used existing brokerage accounts and all who requested shares received allocations.

How did moomoo customers buy FGRD shares through NASDAQ:FUTU on Feb. 26, 2026?

Customers used U.S. dollar buying power in their existing moomoo brokerage accounts to subscribe. According to moomoo, no digital wallets or blockchain-native payments were required for subscriptions or trading.

Were there fees for subscribing to or trading FGRD on moomoo (FUTU) on Feb. 26, 2026?

moomoo reports no commissions on U.S.-listed equities and no blockchain gas fees for FGRD subscriptions. According to moomoo, other platform fees may still apply and $0 commission applies only to eligible U.S. residents.

What investor risks did moomoo highlight for blockchain-native securities like FGRD (FUTU)?

Blockchain-native securities may face network congestion, smart contract vulnerabilities, settlement failure, evolving regulation, and liquidity risk. According to moomoo, these are unique risks investors should consider before subscribing.

Does moomoo say all retail investors received shares of Figure's FGRD via FUTU on Feb. 26, 2026?

Yes; moomoo states that all customers who requested shares received an allocation. According to moomoo, allocation amount and method remain subject to change and investing involves risk.