Sixth Street invests 200 million dollars in blockchain lending company Figure
The global investment company Sixth Street has invested 200 million dollars in Figure Technology Solutions, a lending company based in the United States that uses blockchain technology to improve the efficiency of the lending market and reduce costs. This investment will enable Figure to issue up to 2 billion dollars in new loans and help the company expand into other lending markets.
Figure Technology mainly provides home improvement loans, but also offers commercial loans and debt consolidation services. It also operates a personal loan business, allowing cryptocurrency investors to borrow in the form of secured loans. The Figure website claims that it has served over 100,000 households from 47 states in the United States.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barrick’s Marquee gold project faces hazy study timing
Japanese and South Korean stock markets open
Marvell Technology (MRVL.US) $115 billion "merger of the century" faces lukewarm reception! Stock has dropped over 40%, experts estimate only a 50% chance of completion
Marvell plans to acquire Lamington for 115 billions USD to strengthen its position in AI, but the probability of completion is only 50%. The two stocks have dropped by nearly 40% and about 35% respectively, with Chinese regulatory approval being the biggest uncertainty.
Crypto prices
More
