Figure Acquires Kiavi for $717M to Expand Real Estate Tokenization on June 11

Figure Technology Solutions announced a definitive agreement to acquire Kiavi, an AI-powered lending platform, for $717 million on June 11, 2026. The acquisition, which includes Kiavi's balance sheet assets through a joint venture with Sixth Street, is expected to add more than $7 billion in annual loan volume to Figure's marketplace. Figure already controls approximately 75% of real-world asset tokenization activity and expects the deal to extend that market leadership considerably.
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