Figure Technology Solutions’s $717 million acquisition of Kiavi, an AI-powered lending platform for residential real estate investors, expands its BLOCKCHAIN-native capital marketplace by adding the largest residential transition loan lender and opening a $200 billion annual addressable origination opportunity. The deal, structured with Sixth Street acquiring Kiavi’s balance-sheet assets via a joint venture, will add more than $7 billion per year in new first-lien volume to Figure Connect and more than $100 million in monthly flow to Democratized Prime, its on-chain warehouse platform. Kiavi, advised by Jefferies and founded as LendingHome in 2013, generated over $250 million in revenue and more than $100 million in EBITDA last year, originating a record $7.8 billion in loans in 2025 before closing a $350 million rated RTL securitization that was 5x oversubscribed in February 2026.
Figure Agrees $717 Million Kiavi Acquisition to Expand Blockchain-Based Lending Ecosystem (FIGR)
