Cross River has provided $250 million in forward financing to Figure to support its crypto-backed lending business.
TechFlame
2026-06-06 14:09
TechFlame2026-06-06 14:09
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TechFlame reported that, according to Businesswire, fintech infrastructure company Cross River Bank has announced a $250 million forward funding commitment to Figure to support its crypto-backed lending business. Cross River will provide ongoing capital support for Figure's crypto loans, helping borrowers access dollar liquidity without having to sell their crypto assets.