Figure reported preliminary operating data for June and the second quarter that exceeded the upper end of its prior guidance. According to ChainCatcher, the company said its second-quarter market trading volume reached $4.26 billion, up 132% year over year.
Figure also reported June trading volume of $1.52 billion, up 8% month over month and 155% year over year.
Separately, the company said it will shift to a near real-time operational transparency reporting model and has launched a dashboard that will be updated weekly to provide more direct visibility into market scale.