Crypto institutional adoption stories

Sep 2, 2026

Figure completes $717 million acquisition of real estate lender Kiavi

Figure Technology Solutions closed its $717 million acquisition of Kiavi on September 1, bringing one of the largest US residential real estate investor lenders onto blockchain-based infrastructure. The deal adds approximately $7 billion in tokenized loan volume to Figure's platform.

Sep 2, 20262 sources

Aug 3, 2026

Hyperscale Data Secures $30M Bitcoin-Backed DeFi Loan Through Morpho Protocol for Michigan AI Data Center Expansion

Hyperscale Data has established a Bitcoin-backed DeFi financing program through Morpho Protocol, borrowing approximately $30 million at 4.9% interest to fund expansion of its AI data center in Michigan. The company also sold approximately 100 Bitcoin as part of its financing strategy.

Aug 3, 20267 sources

Top claims

▪Figure Technology Solutions funded the Kiavi acquisition primarily through the proceeds of a $600 million private offering of 8.500% senior notes due 2031, which closed on July 14, 2026.
▪Figure Technology Solutions will integrate Kiavi's lending technology and products into Figure Connect, offering them across a network of more than 480 active ecosystem partners.
▪Figure Technology Solutions paid off Kiavi's outstanding credit obligations and terminated Kiavi's repurchase arrangement with Deutsche Bank upon closing.

Subtopics

Real World Assets2 AI compute & environmental impact1 Bitcoin1 Blockchain technology1 DeFi1 DeFi lending1 Mergers and acquisitions1 Tokenization1

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