FIGR keeps scaling

Galaxy (GLXY) will use Broadridge’s expanded governance platform for its shareholder vote in May, meaning holders of the tokenized version of GLXY will be able to receive proxy materials, verify their holdings, and cast votes through digital wallets with a transparent record. That matters because proxy voting is one of the most basic rights tied to equity ownership – and one of the clearest ways for tokenized stocks to start looking like real infrastructure rather than just a flashy wrapper. Broadridge says votes tied to tokenized assets will be recorded on its Avalanche-based L1, while issuers will be able to view voting across registered, beneficial, and tokenized holdings in a single dashboard. Read more →

Polymarket is overhauling its trading engine and introducing a native stablecoin over the next 2–3 weeks, marking its biggest infrastructure change since launch. The upgrade includes a faster matching engine, lower transaction costs, and support for multi-sig wallets. The platform is also replacing USDC.e with Polymarket USD, backed 1:1 by USDC. The move comes as prediction markets face intensifying competition from Kalshi, Coinbase, and DraftKings. Read more →

Related: Bitwise’s Matthew Hougan addresses the five biggest questions in prediction markets

Figure (FIGR) – the fairly new fintech pubco that uses the blockchain to move home-equity loans around – got a fresh vote of confidence from Bernstein after the fintech’s March loan volume topped $1 billion for the first time and helping drive $2.9 billion in first-quarter originations. Bernstein reiterated an outperform and a $67 price target, implying more than 100% upside from Monday’s close, as analysts pointed to strong execution in what is usually a softer quarter for HELOC demand. The obvious caveat is macro – lower rates, tougher refinance competition, or slower expansion beyond HELOCs could all pressure the story. Read more →

📥️ Want to advertise in CoinSnacks? Learn More