#Kiavi

2 articles tagged #Kiavi — curated RWA tokenization coverage.

Figure Completes $717 Million Kiavi Acquisition, Pushing $7 Billion in Real Estate Loans Onchain
Credit (Private Credit)

Figure Completes $717 Million Kiavi Acquisition, Pushing $7 Billion in Real Estate Loans Onchain

Figure Technology Solutions has finalized its $717 million acquisition of Kiavi, a residential real estate lending technology provider, to significantly scale its blockchain-based private credit marketplace. The transaction, which closed on September 1, integrates Kiavi’s AI-driven platform and over $7 billion in projected annual loan volume into Figure’s onchain ecosystem. Figure funded the deal primarily through a $600 million senior note offering and utilized a joint venture with investment firm Sixth Street to acquire Kiavi’s loan balance sheet. This move expands Figure’s reach into the first-lien mortgage market, which the company estimates is 25 times larger than the second-lien segment. By leveraging Kiavi’s proprietary home-value engine and document review tools, Figure aims to standardize data for its Democratized Prime and Figure Connect platforms. The acquisition positions Figure as a dominant player in the tokenized private credit sector, which saw significant growth to $65 billion in total RWA market value by May 2026. This integration serves as a critical test for whether tokenized private credit can achieve the same scalability and institutional adoption as tokenized government bonds.

finance.biggo.comAdded: Sep 6, 20268.5
Figure completes $717 million Kiavi buy, adding $7 billion in tokenized loan volume
Credit (Private Credit)

Figure completes $717 million Kiavi buy, adding $7 billion in tokenized loan volume

Figure Technology Solutions has finalized its $717 million acquisition of Kiavi, a major U.S. lender for residential real estate investors, marking a significant expansion of tokenized private credit. The deal, which closed on September 1, involves Figure acquiring Kiavi’s technology platform while a joint venture with Sixth Street absorbs Kiavi’s existing loan balance sheet. This integration is expected to add over $7 billion in annual first-lien loan volume to Figure’s Democratized Prime platform, with monthly inflows projected to exceed $100 million. By leveraging Kiavi’s AI-driven underwriting and proprietary home-value engine, Figure aims to demonstrate that blockchain-based funding can scale beyond stablecoins and government bonds. The acquisition was primarily funded through $600 million in senior notes due in 2031. Kiavi CEO Arvind Mohan will join Figure as Chief Business Officer to oversee the platform's transition onto blockchain rails. This move represents a critical test for the fintech industry to determine if automated, on-chain lending can effectively compete with legacy financial infrastructure at institutional scale.

cryptopolitan.comAdded: Sep 2, 20268.5

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