Digital Mortgages Are Quickly Becoming The S…

This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 30,000 other investors today. To investors, We have talked at length in previous letters about the two investment theses that I have: (1) humans will trust software over other humans to store their wealth and (2) every stock, bond, currency, and commodity will be digitized. As part of the second thesis, we made a large investment in Figure Technologies — a company that issues “digital mortgages,” which unlock significant advantages in transaction settlement times, transaction costs, and asset ratings from rating agencies.

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