Blockchain-based lending platform Figure announced it has completed a deal to acquire US real estate lender Kiavi for $717 million. As a result, Kiavi's lending technology and operating platform will be integrated into Figure's blockchain-based lending marketplace. Kiavi is expected to add over $7 billion in new loans annually to Figure's lending platform 'Figure Connect' and supply over $100 million in loans monthly to the on-chain lending platform 'Democratized Prime'.
