Figure Acquires Kiavi for $717 Million to Expand RWA Tokenization Network

Figure Acquires Kiavi for $717 Million to Expand RWA Tokenization Network

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Figure has announced its acquisition of Kiavi for $717 million, a strategic move aimed at significantly expanding its Real World Asset (RWA) tokenization network. The company anticipates that integrating Kiavi's assets onchain will lead to substantial cost reductions while enabling Figure to maintain a capital-light, high-margin business model.

Figure said moving Kiavi assets onchain could reduce costs while maintaining a capital-light, high-margin business model.