Figure Technology has launched its SEC-registered yield-bearing token, YLDS, on the Sui blockchain. This move marks a significant step for regulated decentralized finance (DeFi) and is expected to increase Sui’s total value locked in DeFi by approximately $3.46 billion. The launch is supported by strategic partnerships with Sygnum Bank and Microsoft and aims to democratize access to institutional-grade financial products on the blockchain. Figure Technology Solutions, Inc., a leader in fintech and blockchain-based securitization, spearheaded this initiative. The YLDS token offers real-world asset opportunities within Sui’s ecosystem while adhering to stringent regulatory standards. This innovative approach positions Sui as a frontrunner for real-world asset adoption in the blockchain space.