Figure Private Credit

Este projeto consegue continuar operando e se financiando por anos?

Figure reported $4.3 billion in Q2 2026 Consumer Loan Marketplace Volume and $5.119 billion in preliminary Q3 2026 volume. Unrestricted cash reached $1.4 billion in Q2 2026.12

Pessoas de fora conseguem ver e verificar o que a equipe e o protocolo fazem?

Figure publishes a weekly operating dashboard, quarterly financial releases, and on-chain Provenance scope records. However, October 2026 Q3 operating metrics remain preliminary until November 2026 filings.32

O protocolo gera taxas reais ou receita com o uso?

Q2 2026 net revenue rose 113% year over year to $226 million with $87 million net income and $119 million adjusted EBITDA. Q1 2026 generated $167 million net revenue.14

A tecnologia está sendo desenvolvida e lançada, e ela realmente importa?

Provenance Blockchain integrates loan registry, settlement, and exchange functions. Its asset workflow records document and transaction hashes on-chain while storing private borrower data in encrypted off-chain storage.56

Quem usa, desenvolve e detém a moeda, e quão durável é essa base?

Figure serves over 380 institutional partners and grew Democratized Prime matched offers to $588 million by September 30, 2026. Retail community participation remains narrow and specialized.27

O fornecimento, a emissão e os desbloqueios protegem os detentores contra a diluição?

FIGR_HELOC circulating supply of 23.84 billion tracks unpaid principal across tokenized HELOCs on Provenance. Price discovery stays concentrated on Figure Markets without equity-like holder claims.67

1. 1globenewswire.com/news-release/2026/08/13/3344318/0/en/figure-technology-solutions-reports-strong-second-quarter-2026-results.htmlCitado por Sustentabilidade, Receita
2. 2nasdaq.com/press-release/figure-technology-solutions-reports-preliminary-september-q3-2026-operating-data-2026Citado por Sustentabilidade, Transparência, Comunidade
3. 3investors.figure.com/news-releases/news-release-details/figure-technology-solutions-reports-preliminary-june-q2-2026Citado por Transparência
4. 4investors.figure.com/static-files/9ca115ab-b1e6-4afc-8c8b-de177b42c205Citado por Receita
5. 5developer.provenance.io/docs/pb/integrating/asset-originators-guide/Citado por Inovação
6. 6explorer.provenance.io/nft/scope1qrm5d0wjzamyywvjuws6774ljmrqu8kh9xCitado por Inovação, Tokenomics
7. 7coingecko.com/en/coins/figure-helocCitado por Comunidade, Tokenomics

Evaluating FIGR_HELOC requires separating Figure Technology Solutions operating growth from the mechanics of a principal-backed credit token. Operational momentum strengthened across mid-2026 as Figure shifted toward its capital-light Figure Connect marketplace.

• Audited Q2 2026 results reported $4.3 billion in marketplace volume, $226 million net revenue, $87 million net income, and $119 million adjusted EBITDA
• Preliminary Q3 2026 Consumer Loan Marketplace Volume reached $5.119 billion, rising 20% quarter over quarter and 107% year over year before Kiavi contributions
• Democratized Prime matched offers rose 50% sequentially to $588 million as of September 30, 2026, supported by $825 million in available lender supply
• Figure ended Q2 2026 with $1.4 billion in unrestricted cash and completed the Kiavi acquisition on September 1, 2026 to expand residential credit origination
• Provenance Blockchain records loan document and transaction hashes on-chain while keeping private borrower data in encrypted off-chain object storage across over 380 partners

• FIGR_HELOC circulating supply of 23.84 billion represents unpaid HELOC principal on Provenance, so headline market capitalization does not reflect liquid token equity
• CoinGecko lists Figure Markets as the primary trading venue, concentrating price discovery and limiting secondary-market exit depth compared with multi-exchange tokens
• October 6, 2026 Q3 operating numbers remain preliminary and unaudited until Figure publishes its full Q3 2026 financial statements in November 2026
• Integrating Kiavi after the September 1, 2026 closing and servicing $600 million of 8.5% senior notes due 2031 introduce balance-sheet and execution risks
• Origination volume and loan performance remain sensitive to U.S. housing prices, interest rates, warehouse funding availability, whole-loan buyers, and consumer lending regulations

• November 2026. Full Q3 2026 audited financial results and post-merger Kiavi contributionAlto impacto
• Q4 2026. Expansion of Democratized Prime matched offers and YLDS circulationAlto impacto
• Ongoing. Broader secondary-market venue support and holder-economics disclosureMédio impacto

Figure differs from tokenized Treasury issuers and generic RWA protocols by combining direct consumer loan origination, the Figure Connect marketplace, and the Provenance Blockchain. Its operating scale leads the private-credit RWA sector, with $5.119 billion in preliminary Q3 2026 marketplace volume and over 380 institutional partners.

Figure operates a large profitable RWA credit platform, backed by $226 million in Q2 2026 net revenue and $5.119 billion in Q3 volume. Completing the Kiavi acquisition in September 2026 and growing Democratized Prime matched offers to $588 million reinforce its institutional origination scale.