YLDS is now available on Copper
YLDS, an SEC-registered freely transferable security, is now available through Copper’s platform.
July 14 2026, London — Figure Certificate Company, an affiliate of Figure Technology Solutions, Inc.(Nasdaq: FIGR; OPEN: FGRS),and Copper today announced that YLDS is now live on Copper's institutional custody platform, giving clients a regulated way to earn yield at stablecoin speed. Copper clients can now hold the SEC-registered debt security that combines the yield profile similar to a money market fund with the transferability, speed and efficiency of a stablecoin in vault wallets.
YLDS is a blockchain-native face-amount certificate registered under the Investment Company Act of 1940. Each token is pegged to the USD and redeemable for its face value plus accrued yield, earning SOFR minus 0.35% accrued daily and paid monthly in either USD or YLDS.
"Copper is thrilled to partner with the Figure Markets and Provenance blockchain teams to provide custodial support for YLDS which has been purpose-built to support capital markets. There is significant market demand for infrastructure that enables an efficient use of capital and more productive collateral management while remaining programmable and blockchain-native. We're pleased to make YLDS and HASH available to customers of Copper Markets Switzerland,” Adam VandenBoogaard, Head of Revenue (Americas) at Copper, said.
Transactions settle in approximately five seconds with sub-cent fees on Provenance and Stellar, matching the operational profile of leading stablecoins. Unlike those instruments, YLDS does not carry stablecoin classification under the GENIUS Act and is a registered public security under applicable securities law.
"Institutional demand for regulated, yield-bearing digital dollars keeps growing, and giving clients another way to access YLDS through custody providers like Copper meets that demand directly,” said Karl Samsen, Principal, YLDS at Figure. “YLDS delivers real yield without sacrificing the speed and composability institutions expect from digital assets."
The announcement reflects growing institutional demand for digital dollar instruments that satisfy compliance and risk-management requirements while generating competitive returns on idle capital. Unlike traditional stablecoins, YLDS provides holders with yield directly and is not subject to the restrictions on yield payments in the GENIUS Act (and potential further restrictions in the CLARITY Act) offering a familiar regulatory structure for treasury and compliance teams.
About Copper
Since being founded in 2018, Copper has been building the standard for institutional digital asset infrastructure with a focus on custody and collateral management. Underpinned by multi-award-winning technology, Copper has built a comprehensive and secure suite of products and services required to safely custody and trade digital assets. At the core of Copper’s infrastructure is ClearLoop, which enables clients to manage collateral and settle trades across multiple exchanges, while mitigating counterparty risk and increasing capital efficiency.
For more information, please visit: www.copper.co
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Email: PR@Copper.co
About Figure & YLDS
Figure Technology Solutions, Inc. (NASDAQ: FIGR; OPEN: FGRS) is a blockchain-native financial technology company founded in 2018 that leverages the Provenance Blockchain to streamline lending, capital markets, and asset tokenization. The company’s subsidiaries include the largest non-bank HELOC lender in the United States, having processed over $23B+ in loans on-chain, and is recognized as the market leader in bringing real-world private credit assets onto the blockchain to enhance efficiency.
YLDS are unsecured face-amount certificates and solely backed by the assets of FCC”, which is the issuer of the certificates. The registration of YLDS and FCC with the SEC does not imply approval of either by the SEC. More information about YLDS and FCC, including the prospectus (https://cdn.figure.com/docs/markets/fcc-prospectus.pdf), is available at ylds.com (http://ylds.com/)
Investment products: Not FDIC Insured, No Bank Guarantee, May Lose Value.
Forward-Looking Statements
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the highly volatile nature of digital assets, technical issues in connection with the integration of supported digital assets and changes and upgrades to their underlying network, heightened scrutiny of our industry and operations, the theft, loss, or destruction of private keys required to access any digital assets held in custody for our own account or for our clients, errors in executing client transactions or managing our own trading activities, and the other factors discussed in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on March 27, 2026, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. While the Company believes these forward-looking statements are reasonable, readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The information in this release is provided only as of the date of this release, and the Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.