According to Crowdfund Insider, U.S. financial infrastructure service provider Cross River Bank announced that it has reached a forward flow agreement with blockchain-native capital market firm Figure Technology Solutions, committing to purchase up to $250 million in assets to support Figure's crypto asset-backed loan products. The product allows borrowers to obtain U.S. dollar loans using digital assets as collateral while continuing to hold the related digital assets. Figure stated that its loan origination system and capital markets platform are used by over 380 partners and have facilitated more than $25 billion in home equity loans; related crypto loans are temporarily unavailable in some U.S. states.