Figure Technologies

Figure Technologies is a financial technology company founded in 2018 that leverages blockchain infrastructure to transform capital markets and consumer lending. The company operates the Provenance blockchain, a purpose-built public blockchain for financial services, and has become the leading player in real-world asset tokenization with 75% market share.

Core Products/Services

Figure's platform encompasses both blockchain infrastructure and lending products. On the blockchain side, Figure operates Provenance blockchain for asset tokenization, OPEN (Onchain Public Equity Network) for tokenized public equity trading with 24/7 settlement, and Figure Markets for cryptocurrency and tokenized asset trading. Their YLDS stablecoin is the first SEC-approved interest-bearing stablecoin.

On the lending side, Figure is America's #1 non-bank HELOC lender, having originated over $9 billion in funded loans. The company offers crypto-backed loans secured by Bitcoin, Ethereum, and Solana with decentralized MPC custody, alongside traditional home equity products. Figure Connect serves as a capital markets marketplace connecting loan originators with institutional investors using blockchain settlement.

Key Strengths

Figure's unique position combines traditional finance scale with blockchain innovation. The company has securitized over $20 billion in home equity loans and completed the first $50M crypto-backed loan pool sale to Janus Henderson. Their blockchain infrastructure enables faster settlement, reduced costs (slashed processing costs 20x in 2025 using AI), and transparent secondary markets.

Figure's Alternative Trading System (ATS) operated by Figure Securities enables 24/7 trading of tokenized securities with atomic settlement, eliminating the need for centralized custodians. The platform supports self-custody, portfolio margining through DeFi protocols, and direct stock loan markets without intermediary prime brokers.

Notable Clients/Projects

Figure serves 250+ B2B partners including banks, credit unions, mortgage lenders, and fintechs through their partnership ecosystem. The company has AAA-rated HELOC securitizations led by Goldman Sachs, J.P. Morgan, Barclays, and Jefferies. Figure Connect handles 40% of HELOC volume transacted on their platform. The company has unlocked $20B+ in equity for 253,000+ households.

Why Choose Figure

Figure combines institutional-grade infrastructure with innovative blockchain technology to create more efficient capital markets. As a publicly traded company (Nasdaq: FIGR, $7.6B valuation as of 2025), Figure offers regulatory compliance (NMLS licensed, SEC-registered broker-dealer, FINRA member, SIPC protection) with the transparency and efficiency of blockchain settlement. The company's vertical integration from origination to securitization, powered by Provenance blockchain, provides unmatched control over the entire lending lifecycle.