Figure Technology Solutions Inc

Figure Technology is a fintech company leveraging blockchain infrastructure to originate, service, and finance consumer loans, with a primary focus on home equity products. Its platform aims to improve efficiency, lower costs, and expand access to credit through digitization and securitization. Shares lagged in the period as investor sentiment toward fintech and credit-sensitive businesses softened amid interest rate volatility and macro uncertainty. Concerns around funding conditions, loan demand, and credit performance weighed on the group more broadly. While we think Figure continues to execute on loan growth and platform expansion, the environment has led to more cautious investor expectations.

We announced a partnership with Figure, a leading developer of autonomous humanoid robotics, committing $500 million of equity capital. Our collaboration combines Figure’s technical innovation with Brookfield’s operating expertise and portfolio of real assets, creating an opportunity to accelerate the advancement of the technology—and eventually, deployment that will enhance productivity across industries. Physical ai and humanoid robotics represent a large and transformative opportunity that will require meaningful capital, operating expertise, and long-term commitment.

Figure has processed over $50 billion in blockchain native RWA transactions, showcasing its significant role in the evolving landscape of tokenization and real-world asset management. The company is positioned to benefit from the ongoing shift towards digital assets, particularly as regulatory clarity improves and innovation accelerates in the market. With the demand for tokenized assets increasing, Figure stands to gain from the broader adoption of blockchain technology and the expansion of markets for real-world assets.

Figure has executed its vision of transforming finance through blockchain technology, originating over $17 billion in loans and facilitating more than $50 billion in public blockchain transactions. They have become the largest non-bank HELOC lender in the U.S. by addressing inefficiencies in capital markets. With a reported $339 million in adjusted net revenue for 2024 and a strong growth trajectory, Figure is positioned to lead in the tokenization of real-world assets, which is projected to reach tens of trillions of dollars in the next decade. Their innovative approach and successful IPO mark a significant milestone in the evolution of blockchain in finance.