Cross River, a technology infrastructure provider that offers embedded financial solutions, has announced its $250 million forward-flow commitment to purchase crypto-backed loans from Figure Technology Solutions (NASDAQ: FIGR), expanding SPECIALTY FINANCE by providing consumers with committed capital to borrow against digital asset collateral without selling their holdings. The figure, which reported 92% year-over-year revenue growth in Q1 2026 and $1.4 billion in consumer loan marketplace volume in May 2026, has become one of the fastest-growing platforms in digital asset-backed lending. The deal legitimizes crypto-backed consumer lending as a mainstream asset class for regulated bank capital. Cross River’s Principal Finance Group, which also provides warehouse lines and seasoning facilities across the fintech ecosystem, is effectively underwriting a new category of secured consumer credit collateralized by digital assets.
Cross River Extends $250 Million Forward-Flow Commitment for Figure’s Crypto-Backed Loans
