Bernstein analysts project a 56% increase in the stock price of blockchain lender Figure, reaching $54 by the end of next year. This optimistic forecast comes despite a recent 22% decline in Figure's stock. The company reported a 42% year-over-year increase in net revenue, totaling $156 million in the last quarter. Following its $800 million IPO in September, Figure has applied to the SEC to offer a tokenized version of its stock on its platform, Provenance, a $1.5 billion blockchain. These tokenized shares will not dilute existing shareholders, although concerns linger after a flash crash in October saw Heloc, a token for Figure's home equity loans, plummet by 81%.