# EDGAR Filing Document

**Accession Number:** 0001974395
**File Stem:** 0001493152-26-008076
**Filing Date:** 2026-2
**Character Count:** 8340
**Document Hash:** 3c77ae018c53a0abe414be48dde37162
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-008076.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0001493152-26-008076

**CONFORMED SUBMISSION TYPE**: 497AD

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Figure Certificate Co
- **CENTRAL INDEX KEY:** 0001974395

**ORGANIZATION NAME:**
- **EIN:** 923576834
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497AD
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-275154
- **FILM NUMBER:** 26680192

**BUSINESS ADDRESS:**
- **STREET 1:** 650 CALIFORNIA STREET
- **STREET 2:** SUITE 2700
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108
- **BUSINESS PHONE:** (310) 592-0097

**MAIL ADDRESS:**
- **STREET 1:** 650 CALIFORNIA STREET
- **STREET 2:** SUITE 2700
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108

**Filed Pursuant to Rule 497(a)**

**File No. 333-275154**

**Filed Pursuant to Section 24(b)**

**File No. 811-23913**

**Rule 482 ad**

**Blog/Learn**

What is Democratized Prime?

Democratized Prime is Figure Market's proprietary Dutch auction marketplace where individuals and institutions can borrow and earn from other individuals and institutions.

By lending into the pools, you can participate in exciting capital markets and earn up to 9% while you do it!

When you lend and your offer is matched, interest is paid out hourly as long as the offer remains valid.

**There are multiple pools to choose from. Here is what is currently available:**

**Lend Cash**

**YLDS HELOC**

If you choose this pool, you are lending YLDS against Home Equity Lines of Credit originated by Figure and its partners. To lend, you can deposit USD into your Figure Markets account, buy YLDS stablecoin, and lend into the HELOC pool.

Figure uses strict credit criteria to underwrite its loans. You can see the Credit Profile of these loans here. The borrower is required to replace any non-performing collateral. The YLDS HELOC pool has a current yield of 9% as of {today}.

**YLDS CBL**

If you choose this pool, you are lending YLDS against Figure Crypto Backed Loans. These are crypto-collateralized loans, with an LTV of under 85%. Some loans even carry liquidation protection to ensure that the loans remain active (and interest-bearing!) even if the crypto market drops. The YLDS HELOC pool has a current yield of 7.5% as of {today}.

**USD/USDC/USDT Margin**

In this pool, you are lending into a margin pool where approved investors get access to additional leverage and Figure clients can borrow assets for use outside of the exchange. Figure manages the risk of accounts who trade on margin and requires strict LTV requirements. You're lending against the risk of the quality of the asset and not on the credit worthiness of any one borrower. The Margin pools have rates from 7.9% to 9% as of {today}

**Lend Crypto**

Figure lets you lend your crypto directly to ECP investors who are interested in short selling crypto. Figure has strict requirements for the LTV of these accounts and will liquidate if these LTV thresholds are breached, providing you with peace of mind. You can lend ETH, SOL, or BTC and the yields range from 1% - 2.9% as of {today}.©2024 Figure Markets

650 California, Suite 200

San Francisco CA 94108

Investing in cryptocurrencies involves significant risks. Cryptocurrency trading is not available in NY. Please click <u>here</u> for risk disclosures on investing and trading in cryptocurrencies.

Figure Payments Corporation offers to self-directed investors and traders cryptocurrency brokerage services under the brand name, "Figure Markets". It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. Figure Payments Corporation's NMLS ID number is 2033432, and is located at 100 West Liberty Street, Suite 600, Reno, NV., 89501. You can verify Figure Payments licensing status at the NMLS Consumer Access website. Click here for <u>Figure Payment's state license and regulatory disclosures</u>.

Democratized Prime uses a Dutch auction method for its borrowers/lenders. There is an inherent risk due to interest rate volatility in a Dutch auction interest rates in the auction may rise rapidly. At the time of acceptance, your loan may be filled with a different or higher interest rate than offered at the time of selection. The interest rate is only fixed at the time of loan approval and not at the time of loan acceptance.

Borrowing and lending through the Democratized Prime platform involve substantial market, credit, and operational risks. The value of digital asset collateral may fluctuate sharply and without notice. Borrowers are solely responsible for monitoring and maintaining their loan-to-value (LTV) ratios. Market volatility, blockchain congestion, network outages, or banking-hour limitations may delay or prevent the ability to deposit or withdraw collateral in time to manage LTV levels, which may result in liquidation or loss of collateral.

Lenders are exposed to borrower performance and collateral recovery risk; repayment of principal and interest depends on the successful liquidation of pledged collateral. Access to deposits, withdrawals, or repayment proceeds may be delayed or restricted due to market stress or operational disruptions. Figure Markets and its affiliates do not guarantee repayment, liquidity, or asset value and are not responsible for losses or delays arising from such events.

By participating in the Democratized Prime program on Figure Markets, you acknowledge and agree to be bound by the applicable legal agreements and terms, depending on your role as a borrower or lender. More information can be found within the <u>Democratized Prime Terms of Service</u>,

**Investment products: Not FDIC Insured, No Bank Guarantee, May Lose Value.**

YLDS Stablecoins are unsecured face-amount certificates and solely backed by the assets of Figure Certificate Company (FCC), who is the issuer of the certificates. As a subsidiary of Figure Markets Holdings, Inc., FCC is (absent exclusion or exemption) required to comply with certain limits on its activity, including investment and/or trading limitations on its portfolio and other limitations under applicable banking and securities laws. FCC is not a bank, and the securities it offers are not deposits or obligations of, or backed or guaranteed or endorsed by, any bank or financial institution, nor are they insured by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board or any other agency. The Certificates are not an insurance company product, an equity investment, or an investment in a money market mutual fund. FCC's qualified assets on deposit may exceed the deposit amounts required by applicable regulations. If there are losses on FCC's assets, FCC may not have sufficient resources to meet its obligations, including making interest and/or principal payments on your certificates. Most of FCC's assets are debt securities and are subject to risks including credit risk, interest rate risk and prepayment and extension risk. You could lose money by investing in the Stablecoin. Although the Stablecoins seeks to preserve the value of your investment at $0.01 per share, it cannot guarantee it will do so. You should consider the investment objectives, risks, charges and expenses of certificates carefully before investing. Download a free prospectus, which contains this and other important information about our certificates Figure Certificate Company Prospectus available <u>here</u>. More information about YLDS and FCC can be found <u>here</u>

Figure Securities, Inc., Figure Certificate Company, Figure Investment Advisors LLC, Figure Payments Corporation, Figure Markets Credit LLC, Figure Markets Cayman Islands, Figure Markets Ireland Limited, and Figure Markets, Inc. are each wholly owned subsidiaries of Figure Technology Solutions, Inc. Products and services of all of these entities are offered under the Figure Markets brand. NOTE FOR INVESTORS: When applying for accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click <u>here</u> for further important information explaining what this means.

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