Figure Technology Solutions plans to issue $600 million in senior priority notes to finance its acquisition of Kiavi, a real estate lending platform. The proceeds will cover the cash consideration for the $717 million acquisition, as well as general corporate purposes and issuance expenses. The note offering, aimed at qualified institutional buyers, will be conducted privately and is subject to market conditions and uncertainties. The acquisition of Kiavi, which is expected to add over $7 billion in annual transaction volume, will see Kiavi's CEO Arvind Mohan join Figure as Chief Commercial Officer. The transaction highlights Figure's strategic expansion in the blockchain financial services sector.