Komainu introduces custody support for YLDS, the SEC-registered yield-bearing security from Figure Certificate Company.
As institutional demand for yield-bearing digital assets continues to grow, Komainu has announced custody support for YLDS, the SEC-registered yield-bearing security issued by Figure Certificate Company (“FCC”), a subsidiary of Figure Technology Solutions, Inc. (Nasdaq: FIGR, OPEN: FGRS). The integration reflects the increasing appetite among institutional investors for digital assets that combine regulatory clarity with the operational efficiency of on-chain settlement.
Unlike stablecoins, YLDS is an SEC-registered security, offering institutions the settlement profile of a stablecoin with the regulatory standing of a traditional fixed-income instrument. YLDS is a digital face-amount certificate with balances pegged to $1 plus accrued yield. It accrues daily at SOFR minus 0.35%, paid monthly in USD or YLDS, and no settlement fees across the Provenance, Solana, and Stellar networks.
“Institutional demand for regulated, yield-bearing digital dollars keeps building, and custody integrations are where that demand gets met in practice,” said Karl Samsen, Principal for YLDS at Figure. “Through Komainu, clients hold a registered security that earns daily yield and can move as collateral within the same custody framework.”
The integration extends beyond straightforward custody. YLDS is eligible collateral within Komainu Connect, Komainu’s off-exchange settlement and collateral mobility infrastructure. This positions YLDS as an active, yield-generating instrument within institutional portfolios, enabling clients to deploy it as collateral without sacrificing yield.
“Institutional investors are increasingly looking for assets that can deliver both operational efficiency and economic utility without compromising on regulatory standards,” said Darren Jordan, Chief Commercial Officer at Komainu. “By supporting custody for YLDS and enabling its use within Komainu Connect, we’re facilitating clients’ utilisation of a registered, yield-bearing digital security that can remain productive while securely held in custody. This is another step toward building the infrastructure institutions need to manage and mobilise digital assets at scale.”
For institutions navigating a shifting rate environment, YLDS offers yield that moves with the market rather than against it, something few digital assets can offer. Because its yield floats with the benchmark rather than sitting fixed, YLDS recalibrates automatically as rates shift, insulating holders from the reinvestment risk tied to fixed-yield products. For Komainu clients, that means holding a yield-bearing security that keeps working while it sits in custody.
With YLDS, Komainu clients can hold a registered, yield-bearing security and put it to work as collateral within the same custody workflow, an addition that reflects how institutional demand is moving toward assets that stay productive rather than idle.
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, is available at 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 (Figure Technology Solutions, Inc.) 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.
About Komainu
Komainu is the institutional gateway for digital assets, headquartered in Jersey, with offices in London, Dubai, and Singapore. Offering bank-grade infrastructure for institutional investors, Komainu provides seamless, connected and secure services with multi-jurisdictional regulatory oversight, merging expertise from traditional financial services with leading security standards for the next generation of institutional
digital asset custody, servicing & financing.
Komainu (Jersey) Limited is regulated by the Jersey Financial Services Commission.
Komainu MEA FZE is regulated by the Dubai Virtual Assets Regulatory Authority.
Information on Komainu’s custodial services and full range of supported assets can be found at: https://komainu.com/
For more information, visit https://www.komainu.com