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Cross River provides Figure with $250 million in forward financing to support its crypto-backed loan business

2026-06-06 23:43:59

Mars Finance News: According to Businesswire, fintech infrastructure company Cross River Bank announced $250 million in forward financing to Figure to support Figure’s crypto asset-backed lending business. Cross River will provide ongoing capital support for Figure’s crypto loans, helping borrowers obtain USD liquidity without selling their crypto assets.

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