Dec. 4 at 4:44 PM
Figure Technology Solutions launched a real-world asset (RWA) consortium to expand access to over
$1 billion in monthly on-chain loan originations, starting on Solana. The effort unites major crypto platforms to support adoption of PRIME, a liquid-staking token built on the Hastra liquidity protocol and tied to Figure’s tokenized loan pools on Provenance Blockchain. Executive chairman Mike Cagney said the initiative democratizes institutional lending by allowing DeFi users with as little as
$100 to earn yields from real loan activity with transparency and instant liquidity. Partners in the consortium include Kamino Finance, Chainlink, CASH, Raydium, Privy, and Gauntlet, following Hastra’s recent launch. Figure says it has originated over
$19 billion in on-chain loans and holds a 70% share in private RWA credit. The company is expanding beyond Provenance to integrate with Layer-1 networks like Solana using Chainlink CCIP.
$FIGR $SOL.X