Figure to Acquire Kiavi in $717 Million Blockchain Lending Push

Figure to Acquire Kiavi in $717 Million Blockchain Lending Push Figure to Acquire Kiavi in $717 Million Blockchain Lending Push CryptoProwl Wed, June 10, 2026 at 4:24 PM GMT+2 2 min read FIGR Figure Technology Solutions (NASDAQ: $FIGR) is adding scale to its blockchain-native capital marketplace with a $717 million agreement to acquire Kiavi, an AI-powered lending platform for real estate investors. The deal gives Figure control of Kiavi’s technology and operating platform, while a joint venture between Figure and Sixth Street will acquire Kiavi’s balance sheet assets. Figure said the transaction brings the largest residential transition loan lender into its marketplace and adds a first-lien asset class to its tokenized lending rails.

Kiavi provides short-term residential transition loans and long-term rental property loans for investors buying, renovating or renting homes. Figure said the acquisition opens a $200 billion annual addressable origination opportunity and is expected to add more than $7 billion in new annual first-lien volume to Figure Connect, along with more than $100 million in monthly flow to Democratized Prime. More From Cryptoprowl: Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A.

I. Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance New York Stock Exchange Invests $600 Million In Polymarket The purchase deepens Figure’s push to move private credit and consumer loan activity onto blockchain-based infrastructure. Figure currently positions its marketplace around origination, funding, trading and sale of tokenized assets, with the Kiavi transaction expanding that model into a larger housing-finance segment.

The company also framed the acquisition as an AI integration story. Kiavi’s loans are expected to become the first use case for Adaptor, Figure’s new agent-to-agent onboarding product designed to standardize originator data across Figure Connect and Democratized Prime. CEO Michael Tannenbaum said the transaction marks a further push into tokenization, first-lien diversification and Figure’s agentic AI platform, adding that Kiavi’s residential loan capabilities should strengthen the company’s consumer loan marketplace.

Figure said Kiavi generated more than $250 million in reported revenue and more than $100 million in reported EBITDA last year. The company also reaffirmed its 60% medium-term EBITDA margin target and expects the deal to be accretive to earnings per share, with unlevered cash payback in under four years. Figure Technology Solutions Inc.

(NASDAQ: FIGR) is currently trading at $29. 21 U. S.

per share.