Figure
1.4K posts

Figure
@Figure
Building the future of capital markets on blockchain | Figure Technologies Solutions is responsible for this page | Proudly built on @provenancefdn




@Figure just launched Forge, a financial engineering layer that takes pools of messy, heterogeneous RWA/blockchain loans and turns them into standardized, fungible $1 participation tokens. You can't liquidate a fraction of a loan on a DEX because there is no price feed and no liquidity. These loans have unique FICOs, LTVs, and balances. Since Figure has the origination platform, the pricing desk, the securitization shelf, AND the blockchain infra, they provide liquidity themselves from day one and run a two-way flow. $FIGR can make money in a few ways from this: The most direct one is spread on the two-way flow. When tokens trade cheap, Figure buys them, redeems the underlying loans, and securitizes them into the TradFi markets. Something like how MMs and APs make money off creations and redemptions in the ETF ecosystem. Since Figure runs the limit order book themselves, they also earn the bid-ask spread on every trade. Figure also likely earns platform fees. The blog says "You originate; Figure handles the rest." That "rest" encompasses warehousing, registration, forging, liquidity, etc. Infrastructure-as-a-service for third-party originators is a fee business. The company started with their auto loan partner @AGORA_Data but the more external partners they onboard, the more volume flows through every layer they clip. Will be interesting to see how this new vertical shows up in upcoming earnings reports.




PRIME, a premier RWA yield token on Solana by @HastraFi backed by @Figure's HELOC lending operations, is now live on Loopscale. Loop PRIME with one click for up to 8.3x leverage and 33% APY, or use it as collateral for borrowing. Available Loops: • PRIME / USDC • PRIME / USX












