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Blockchain

LitFinancial introduces stablecoin to ‘modernize’ mortgage lending

Blockchain, Cryptocurrency, HWmember, Mortgage, Technology /

Mortgage lending fintech LitFinancial announced on Wednesday the launch of litUSD, a U.S. dollar-backed stablecoin built on the Ethereum blockchain in partnership with Brale and Stably. The company said the token is designed to “modernize” mortgage lending, streamline treasury operations and increase transparency in mortgage finance. It also complies with the federal GENIUS Act, a […]

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Figure confirms plans for IPO sometime in 2025

Blockchain, Industry News, Technology /

Figure Technology Solutions is taking another shot at going public, just weeks after announcing that all parts of its operations — including its lending arm and blockchain-powered financial marketplace — will be consolidated into a single company. The fintech firm said Aug. 4 that it confidentially submitted a draft registration statement on Form S-1 with

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Synergy One joins Figure’s Democratized Prime as flagship institutional client

Blockchain, Figure Technologies, HELOCs, HWmember, Mortgage, Synergy One Lending, Technology, Warehouse Lending /

Figure Technology Solutions, a technology platform powering a liquid, blockchain-based marketplace for financial products, announced on Wednesday that Synergy One Lending is the first institutional client to fund through its Democratized Prime platform. Democratized Prime — and specifically, its home equity line of credit (HELOC) pool — is Figure’s decentralized marketplace that operates as a

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Figure to recombine lending arm and marketplace into one entity

Blockchain, Cryptocurrency, Industry News, Politics and policy /

The founder of Figure is moving to recombine the company he split into two parts just a year ago Mike Cagney, the head of the fintech firm, announced via LinkedIn that Figure, the firm’s lending arm, and Figure Markets, a blockchain-powered financial marketplace, will become one entity again. “I split the company in two last

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