Figure Reports $4.26 Billion Q2 Trading Volume and Launches Weekly Transparency Dashboard

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.