Deal adds $200 billion annual origination opportunity and $7 billion in first-lien volume to Figure’s tokenized lending platform.
Figure Technology Solutions agreed to acquire Kiavi, an AI-driven real estate lending platform, for $717 million. The transaction integrates Kiavi’s technology and balance sheet assets into Figure’s blockchain-based capital marketplace, expanding its residential transition loan offerings.
Kiavi’s platform provides short-term transition loans and long-term rental property loans, targeting a $200 billion annual origination market. The deal is expected to add over $7 billion in first-lien volume annually to Figure Connect and $100 million in monthly flow to Democratized Prime.
The acquisition also introduces Kiavi’s loans as the first use case for Figure’s Adaptor, an agent-to-agent onboarding product, reinforcing its AI and blockchain integration strategy.