$717 million acquisition + an annual increase in loan size of $7 billion—Figure’s latest move is bundling AI risk control and on-chain liquidity into real estate. Sixth Street’s co-investment shows institutions are backing this narrative with real money.

CoinWorld News reports that the blockchain-native capital market platform Figure Technology Solutions has announced a final agreement to acquire AI real estate loan platform Kiavi for a total price of $717 million. At the same time, a joint venture between Figure and Sixth Street will acquire loan assets on Kiavi's balance sheet. Figure stated that Kiavi is a leading platform in the U.S. residential transitional loan (RTL) sector, and this transaction is expected to add over $7 billion annually in first-lien loan volume to the Figure Connect marketplace, as well as generate over $100 million in monthly asset flow for its on-chain warehouse market democratized prime.