Figure Technology Solutions has announced a definitive agreement to acquire Kiavi, an AI-driven real estate investment lending platform, for $717 million. This acquisition aims to integrate Kiavi's loan assets into Figure's blockchain-native capital market. In conjunction with the acquisition, Figure will establish a joint venture with Sixth Street to acquire the loan assets currently held on Kiavi's balance sheet. This move is expected to enhance Figure's capabilities in the blockchain capital markets sector.
Figure to Acquire Kiavi for $717 Million, Expanding Blockchain Capital Market
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