Artículos Relacionados con Figure

El Centro de Noticias de HTX ofrece los artículos más recientes y un análisis profundo sobre "Figure", cubriendo tendencias del mercado, actualizaciones de proyectos, desarrollos tecnológicos y políticas regulatorias en la industria de cripto.

RWA First Stock's Major Acquisition: Why Buy a 'Traditional' Mortgage Company?

On June 10th, Figure Technology Solutions (Nasdaq: FIGR), a blockchain-native capital markets firm, announced a $717 million acquisition of Kiavi, a leading non-bank lender for residential real estate investors. The deal involves Figure acquiring Kiavi's technology and operations for approximately $538 million, while forming a joint venture with alternative asset manager Sixth Street to purchase Kiavi's existing loan portfolio. Sixth Street also provided a $3 billion forward purchase commitment. This acquisition marks a strategic shift for Figure, known as the "RWA (Real World Asset) first stock," allowing it to expand significantly into the larger market of first-lien mortgages. Kiavi specializes in non-qualified mortgage (Non-QM) loans, such as short-term fix-and-flip (RTL) and rental property (DSCR) loans—a segment traditionally underserved by major banks. The move is expected to increase Figure's first-lien loan origination to over $7 billion annually, aiming for these to constitute about 40% of its business by 2027. Both companies leverage AI for underwriting: Kiavi uses proprietary models to value renovated properties and automate document processing, dominating the fix-and-flip lending space. Figure plans to integrate these assets onto its blockchain platform, Provenance, using its new 'Adaptor' product to standardize and tokenize the loans for institutional investors on its Democratized Prime marketplace. While the integration poses challenges—including merging different asset types, interest rate sensitivity of Kiavi's loans, and post-IPO execution risks—Figure projects the deal to be accretive to earnings with a cash payback period under four years. The transaction is seen as a major step in scaling blockchain-based capital markets, moving RWA tokenization from concept validation toward large-scale operation.

Foresight News06/12 02:05

RWA First Stock's Major Acquisition: Why Buy a 'Traditional' Mortgage Company?

Foresight News06/12 02:05

Blockchain Lending Platform Figure Hit By Data Breach – Details

Figure Technology, a blockchain lending platform, suffered a data breach after an employee fell victim to a social engineering attack. The breach resulted in the theft of approximately 2.5GB of customer data, including full names, home addresses, dates of birth, and phone numbers. The hacker group ShinyHunters claimed responsibility and publicly released the data after alleged failed ransom negotiations. The company confirmed that its core blockchain systems and financial services remained secure, emphasizing the incident was due to human error, not a technical flaw. Figure is offering free credit monitoring to affected customers and has launched an internal review. The exact number of impacted individuals has not been disclosed.

bitcoinist02/16 10:32

Blockchain Lending Platform Figure Hit By Data Breach – Details

bitcoinist02/16 10:32

活动图片

Project Updatesright-arrow

Market Analysisright-arrow