Odaily Planet Daily reports that the transaction was completed on September 1. Kiavi is one of the largest residential real estate investor lending institutions in the United States. Figure Technology Solutions’ announcement and its Form 8-K filing with the U.S. Securities and Exchange Commission confirmed the completion of the transaction. According to prior announcements, Kiavi is expected to add more than $7 billion annually in first-lien mortgage volume to Figure Connect and drive over $100 million in monthly capital inflows to Figure’s on-chain lending platform, Democratized Prime.
Figure Technology Solutions Completes $717M Acquisition of Kiavi, Adding $7B in Tokenized Loans Annually
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Summary
Figure Technology Solutions announced the completion of its $717 million acquisition of Kiavi, a leading U.S. residential real estate investor lender. The deal, finalized on September 1, is expected to add over $70 billion in annual first-lien mortgage loan volume to Figure Connect. This move is projected to generate more than $100 million in monthly inflows to Figure’s on-chain lending platform, Democratized Prime. The transaction underscores rising interest in real-world assets (RWA) and on-chain activity.
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