Figure Tech (FIGR) Stock Pre-Market (+3.9%): On-Chain Equity Network Launch
FIGR is showing strength, adding to a >15% surge yesterday. The catalyst is the launch of its innovative On-Chain Public Equity Network (OPEN), a major strategic push into blockchain-native capital markets. After such a powerful move, can the new narrative sustain momentum through today’s session?
This is a structural catalyst, not short-term noise. The launch of the OPEN platform is a foundational step to rewire equity markets, aiming to reduce settlement times and costs by leveraging blockchain.
- The new platform allows companies to issue, trade, and settle equities directly on the blockchain.
- This initiative aims to create significant efficiencies compared to traditional market infrastructure.
- The move solidifies FIGR’s thesis as a primary player in the tokenization of real-world assets.
But here is the interesting part. You are reading about this 3.9% move after it happened. The market has already priced in the news. To catch the next winner before the headlines, you need predictive signals, not notifications. High Quality Portfolio has flagged 5 new opportunities that have not surged yet.
Playbook On Market Open
The key is whether yesterday’s breakout consolidates or reverses. The debate is between a new valuation paradigm and a classic ‘sell the news’ reaction after a strong run.
- Pivot level: $62.00 is crucial for open confirmation.
- Yesterday’s high: Must hold for bullish continuation.
- Liquidity watch: Expect volume around $62.00.
Verdict
BUY THE OPEN if FIGR holds above $62.00 in the first 30 minutes, confirming the breakout; otherwise, FADE THE GAP below this pivot.
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