Brett Adcock

Executive Summary

Career Timeline

Verified company milestones linked to this executive’s organization.

1. 2018 Company founded

   Figure was founded in 2018 per the company profile source on file.

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2. 2018 Leadership

   2018: Figure Technology Solutions is founded by Mike Cagney, previously co-founder and CEO of SoFi, and June Ou.

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3. 2018 Development

   2018: Figure introduces home equity lines of credit issued and recorded on its Provenance Blockchain, and says it becomes the first company to place consumer loans on a blockchain.

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4. 2020 Development

   2020: Figure completes a sizable securitization backed by home equity lines of credit, one of the biggest of its kind in more than a decade, per the company.

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5. 2021 Development

   August 2021: Figure Technology Solutions agrees to merge with mortgage lender Homebridge Financial Services; the deal is later cancelled in June 2022.

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6. 2024 Development

   March 2024: Figure spins off its lending division into a new parent entity, Figure Technology Solutions (FTS).

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7. 2024 Leadership

   2024: Mike Cagney splits the business into two companies u2014 Figure, focused on lending, and Figure Markets, focused on trading and digital assets u2014 becoming Executive Chairman of Figure and CEO of Figure Markets.

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8. 2025 Development

   August 2025: Figure and Figure Markets recombine into a single company ahead of a planned public listing.

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9. 2025 Development

   September 2025: Figure completes its initial public offering on the Nasdaq under ticker FIGR.

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