Cross River provides Figure with $250 million in forward financing to support its crypto mortgage business
By: rootdata|2026/06/06 22:43:03
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According to Businesswire, financial technology infrastructure company Cross River Bank announced a $250 million forward financing to Figure to support Figure's cryptocurrency collateralized loan business.
Cross River will provide ongoing capital support for Figure's crypto loans, helping borrowers obtain dollar liquidity without selling their cryptocurrency assets.
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