News section
Figure acquires Kiavi in $717 million deal to expand tokenized lending
Figure has agreed to acquire AI-powered real estate lender Kiavi in a $717 million deal that adds about $7 billion in annual loan volume.Kiavi’s lending assets will be integrated into Figure’s blockchain marketplace infrastructure, including Democratized Prime and Figure Connect.The acquisition extends Figure’s push into tokenized real-world assets and residential mortgage lending as the company expands its onchain credit business.
2026-06-11 08:24:50
Figure targets Fannie and Freddie with cheaper mortgage tech
Figure says blockchain can cut mortgage origination costs from $11,000 to about $1,000 per loan.The firm targets sub-$300,000 loans, where traditional mortgage fees can weigh heavily on borrowers.Figure’s push comes as Coinbase and Better prepare crypto-backed mortgage products tied to Fannie Mae.
2026-05-06 09:25:17
