Compass Investments

Figure is taking a more active role in Provenance’s community-led network

Katenaa, Saturday, January 31, 2026.

Figure Technology Solutions is now more substantively involved in the operational support of the Provenance Blockchain Foundation, formalizing its presence in the Tier 1 network while retaining leadership authority over the community.

Under the new arrangement, Figure will provide technical, operational and administrative assistance to the foundation, the company informs. Management will continue to be accomplished through voting by HASH token holders on the network, with Figure refraining from voting on tokens under the fund’s control.

Provenance Blockchain Foundation will remain an independent entity, with Jun Ou retaining his position as a director.

The move is intended to strengthen support for the network as Figure builds up its lending and equity lines of business, which are anchored by Provenance.

representatives of the company said that such an organization supports the decentralized nature and allows for the efficient channeling of additional resources at the behest of the community.

It is expected that with the implementation of the updated structure will be changes in the tokenomics of HASH. It is expected to introduce network commissions to reward validators and delegates, shifting the focus of incentives from token issuance to a usage-based economy. Figure management has stated that these adjustments are intended to ensure the long-term viability of the network.

Figure owns about a quarter of all HASH tokens, but representatives said the management reorganization will not significantly increase operating costs.

The announcement follows Figure’s recent launch of its On-Chain public equity platform, which is designed to issue and trade shares directly on the Provenance network rather than as tokenized counterparts to traditional securities.

The company intends to be the first issuer on the platform where shares on the blockchain can be converted into Nasdaq-traded shares.

Provenance already serves as the foundation for Figure’s OTC lending market and broader real-asset activity, which analysts estimate is a key source of revenue.