Figure Technologies: Blockchain Revolutionizing Home Equity Loans

Figure Technologies: Revolutionizing Home Equity Loans with Blockchain - This podcast episode explores how Figure Technologies, a blockchain lender, is making waves in the financial world by using blockchain technology in a practical way. The company recently achieved a valuation of $7.6 billion, raising nearly a billion dollars, and is using blockchain to differentiate itself in the home lending market. Figures proprietary Provenance ledger allows investors to fund and trade originated loans on-chain, reducing quality control costs and confirming loan ownership. The company has also expanded into crypto-backed loans, demonstrating the true potential of their blockchain-powered platform. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.