POPA ReconFigure Acquires Kiavi in $717M Onchain Lending Deal
Figure Acquires Kiavi in $717M Onchain Lending Deal Blockchain lender Figure is acquiring Kiavi, a real-estate investor-loan platform, for $717M, pushing deeper into first-lien lending and tokenized credit markets. The deal adds over $7B a year in new first-lien volume to Figure Connect and more than $100M monthly to Democratized Prime, its onchain warehouse platform — a market Figure calls 25x larger than second liens. Kiavi's loans become the first use case for Adaptor, Figure's agent-to-agent onboarding tool, while a Figure–Sixth Street JV buys Kiavi's balance-sheet assets. 👉 theblock.…
The excerpt is quoted from a public Telegram channel, which owns its text.