Provenance
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Figure secures $200M investment from Sixth Street
#Figure received a $200M investment in equity and formed a joint venture with #SixthStreet, a private equity firm with over $100B in assets under management. Through an investment from Sixth Street, Figure will access additional liquidity and an “always-on” programmatic bid for its assets, while the joint venture provides liquidity to Figure’s users and facilitates the securitization of its loans.
Figure is a blockchain-based technology platform built to enhance efficiency and transparency in financial services. Figure Connect is powered by the #Provenance Blockchain, which onboards all of Figure’s loans and is the world’s largest originator of Real World Assets.
👉 cointelegraph.com/news/sixth-street-backs-blockchain-lender-figure-investment
#Figure received a $200M investment in equity and formed a joint venture with #SixthStreet, a private equity firm with over $100B in assets under management. Through an investment from Sixth Street, Figure will access additional liquidity and an “always-on” programmatic bid for its assets, while the joint venture provides liquidity to Figure’s users and facilitates the securitization of its loans.
Figure is a blockchain-based technology platform built to enhance efficiency and transparency in financial services. Figure Connect is powered by the #Provenance Blockchain, which onboards all of Figure’s loans and is the world’s largest originator of Real World Assets.
👉 cointelegraph.com/news/sixth-street-backs-blockchain-lender-figure-investment
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