The Global Investment Firm Sixth Street has invested $ 200 million in figure technology solutions, a US -based lender using blockchain technology to boost efficiency and lower costs in the lending market.
According to the February 27 report of The Wall Street JournalThe investment will allow the figure to issue up to $ 2 billion in new loans. It will also help the company expand to other lending markets.
The figure technology is primarily a releasing home improvement loans but also offers business loans and debt integration services. It also runs a personal lending business that allows cryptocurrency investors to take collateralized loans.
The website of the figures says served more than 100,000 households throughout 47 US states.
Figure technology carries a similar name as figure markets, a digital asset exchange approved recently at Launch a Ani-Bearing US Dollar Stablecoin. Figure Technologies avoided lending its division in March 2024, creating a new parent entity called Figure Technology Solutions.
For Sixth Street, investment in figure technology has expanded its existence in the Fintech industry. In December, the investment company supported the Consumer Lending Company confirming a $ 4-billion deal.
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The Blockchain funding deals set to rise in 2025
Notwithstanding an uncertain macroeconomic backdrop punctuation of Tariff Threats And elevated inflation, venture capital firms are expected to provide more capital to blockchain startups this year. This year’s positive catalysts include pro-crypto Trump administration and the potential for lower interest rates, especially in the second half of 2025.
According to Pitchbook, Venture capital investments In the Blockchain and Cryptocurrency sectors of up to $ 18 billion this year, from $ 13.6 billion in 2024. A recent report from Galaxy Research has also tapped deals with the blockchain adventure that rose 50% year-to-year.
Blockchain and Crypto projects will attract more private capital to 2025. Source: Galaxy research
Jeffrey Hu, head of investment research on Hashkey Capital, told Cointelegraph that adventure companies are increasingly focused on Applications dedicated to Blockchain’s Consumer Technology. Some of the most promising cases of use include decentralized physical infrastructure networks (depins) and real-world assets.
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