Figure Completes Acquisition of Kiavi
Rhea-AI Summary
Figure Technology Solutions (Nasdaq: FIGR) announced the completion of its previously disclosed acquisition of Kiavi, a leading residential transition loan lender, to strengthen its blockchain-native capital marketplace.
Figure acquired Kiavi’s technology, operating platform and certain other assets, and formed a joint venture with Sixth Street that purchased loans from Kiavi’s balance sheet. The Kiavi brand, platform and technology will be integrated across Figure’s network of more than 480 ecosystem partners via its marketplace, Figure Connect. Kiavi CEO Arvind Mohan will become Figure’s Chief Business Officer, leading rollout of Kiavi’s platform. Figure’s prior Q3 2026 Consumer Loan Marketplace guidance excludes Kiavi; the company plans to update its outlook and reconcile it with previous guidance when reporting Q3 2026 results.
Positive
- Acquisition of Kiavi completed, adding its technology, operating platform and certain assets to Figure
- Joint venture with Sixth Street established to purchase loans from Kiavi’s balance sheet
- Integration across 480+ ecosystem partners via Figure Connect expands access to Kiavi lending technologies
- Leadership addition: Kiavi CEO Arvind Mohan becomes Chief Business Officer at Figure
Negative
- None.
Market reaction after Kiavi acquisition: FIGR -4.99%
Following this news, FIGR has declined 4.99%, reflecting a moderate negative market reaction. Our momentum scanner has triggered 35 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $34.86.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
Previous Acquisition Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 10 | Kiavi acquisition agreement | Positive | -0.7% | Figure agreed to acquire Kiavi’s technology platform and assets with Sixth Street loan joint venture. |
| Feb 02 | Tokens.com acquisition agreement | Positive | -8.0% | Bed Bath & Beyond announced Tokens.com acquisition to unify real estate finance and tokenized asset infrastructure. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Both tag-specific acquisition events had negative 24-hour price reactions despite positive transaction announcements.
Key Terms
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AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Figure Technology Solutions (Nasdaq: FIGR; OPEN: FGRS), the leading blockchain-native capital marketplace for the origination, funding, sale and trading of tokenized assets, today announced the successful completion of its previously announced acquisition of Kiavi – the #1 Residential Transition Loan (“RTL”) lender – to bolster its blockchain-native marketplace.
Under the terms of the merger agreement announced June 10, 2026, Figure acquired Kiavi’s technology and operating platform and certain other assets. The transaction also included a joint venture between Figure and Sixth Street, a leading global investment firm, which purchased loans off Kiavi's balance sheet.
The Kiavi brand, platform and technology will be integrated across Figure’s network of more than 480 active ecosystem partners. In doing so, Figure will expand access to Kiavi’s market-leading residential transition and DSCR lending technologies through Figure’s blockchain-native marketplace, Figure Connect.
Kiavi CEO Arvind Mohan will join Figure as Chief Business Officer, leading the rollout of Kiavi’s platform across Figure’s ecosystem.
“We are thrilled to integrate Kiavi into Figure and welcome its team to our company,” said Michael Tannenbaum, Figure CEO. “Adding Kiavi’s talent, platform, and technology to Figure greatly accelerates our roadmap by expanding our marketplace. Ever since we announced the deal, we have observed a groundswell of excitement from our partners as we collectively look to standardize and grow within the
Figure’s previously issued Q3 Consumer Loan Marketplace guidance does not include the contribution of the Kiavi acquisition. Figure intends to update its outlook to reflect the combination of Kiavi, and provide a reconciliation to our previously issued guidance, during its’ Q3 2026 quarterly results.
About Figure
Figure Technology Solutions, Inc. (Nasdaq: FIGR; OPEN: FGRS) is the leading blockchain-native capital marketplace for the origination, funding, sale and trading of tokenized assets. More than 480 partners use its loan origination system and capital marketplace. Collectively, Figure and its partners have originated over
Figure is the market leader in real-world asset (RWA) tokenization. The company has received triple-A ratings ratings from S&P and Moody’s on multiple loan securitizations, the first of its kind for blockchain finance. For more information, visit https://figure.com or follow Figure on LinkedIn.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements regarding the expected benefits of the acquisition, financial guidance updates, and future operational integration involve risks and uncertainties that could cause actual results to differ materially from those projected. Figure undertakes no obligation to update these statements after the date hereof.
About Sixth Street
Sixth Street is a global investment firm with over
1 Total Sixth Street employees as of 3/31/2026
About Kiavi
Kiavi, a subsidiary of Figure Technology Solutions, is one of the nation's largest non-bank lenders to residential real estate investors ("REIs"). Kiavi harnesses the power of data and technology to offer REIs a simpler, more reliable, and faster way to access the capital they need to scale their businesses. For more information, visit www.kiavi.com.
Contact
press@figure.com
investors@figure.com
