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Sixth Street backs blockchain lender Figure with $200M investment

The World Investment Company Sixth Street has invested $ 200 million in Figure Technology Solutions, a lender based in the United States that uses Blockchain technology to increase efficiency and reduce costs on the loan market.

According to a February 27 report of the Wall Street Journal, the investment will allow the figure to issue up to $ 2 billion in new loans. It will also help the company develop in other loan markets.

The technology of figures mainly issues home loans, but also offers commercial loans and debt consolidation services. It also operates a personal loan company which allows cryptocurrency investors to contract guaranteed loans.

The Figures website claims to have served more than 100,000 households in 47 US states.

Figure Technology has a name similar to that of figure markets, an exchange of digital assets which has recently been approved to launch a stablecoin to an American dollar carrying the yield. Figure Technologies transformed its loan division in March 2024, creating a new parental entity called Figure Technology Solutions.

For the sixth street, investment in figures technology is expanding its presence in the Fintech industry. In December, the investment company supported the consumer loan company said in an agreement of $ 4 billion.

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Blockchain financing agreements should increase in 2025

Despite an uncertain macroeconomic backdrop punctuated by pricing threats and high inflation, venture capital companies should allocate more capital to blockchain startups this year. This year’s positive catalysts include pro-Crypto Trump administration and the lower interest rate potential, especially in the second half of 2025.

According to Pitchbook, Venture Capital Investments in the blockchain and cryptocurrency sector will reach $ 18 billion this year, compared to $ 13.6 billion in 2024. A recent Galaxy Research report also increased blockchain agreements by 50% over a year.

Financing, venture capital, loan

Blockchain and cryptography projects will attract more private capital in 2025. Source: Galaxy search

Jeffrey Hu, head of investment research at Hashkey Capital, told Cintelegraph that venture capital companies are increasingly focusing on consumer-focused blockchain technology applications. Some of the most promising use cases include decentralized physical infrastructure networks (depins) and active active people.

Review: How the laws on cryptography change around the world in 2025