Golden Finance reported that Figure Technology Solutions has launched Figure Connect, which is a private credit market based on blockchain, aimed at improving market liquidity through standardized sales terms and documents. The platform allows investors to commit funds before the loan is disbursed, and uses blockchain technology to achieve higher transparency and immutability, reducing repetitive third-party audits.

Actualmente, Figure Connect cuenta con dos originadores de préstamos, The Loan Store y Movement Mortgage, y dos compradores de préstamos, Bayview Asset Management y Saluda Grade. Figure tiene planes de crear un mercado TBA similar al mercado de hipotecas de Fannie Mae y Freddie Mac para aumentar la liquidez y soltar las tasas de interés a través de la estandarización y la garantía.
El presidente y fundador de Figure, Mike Cagney, está preparando la OPI de Figure Technology Services y asumiendo el cargo de CEO de Figure Markets, que es un próximo intercambio de criptomonedas y valores.