Sixth Street’s Bold Bet on Blockchain Tech: A $200M Investment in Figure
In a strategic move to level up its portfolio, global investment giant Sixth Street is diving deeper into the world of consumer-facing fintech. The firm, which boasts a staggering $100 billion in assets under management, has just inked a significant deal with Figure Technology Solutions—an innovative US-based lender harnessing the power of blockchain to transform traditional lending practices.
With a fresh $200 million in hand, Figure is poised for a major growth spurt, with plans to issue up to $2 billion in new loans and expand its footprint into new lending sectors. The capital injection is not just a financial boost—it’s a game-changer that could redefine how consumers access loans and manage their finances.
Figure: Blockchain-Powered Lending Meets Consumer Needs
Figure Technology Solutions is no ordinary lender. Combining the speed and transparency of blockchain with traditional financial services, the company is revolutionizing the lending landscape. While the bulk of Figure’s business is centered around home improvement loans, it also offers business loans, debt consolidation services, and even collateralized loans for cryptocurrency investors. Imagine being able to take out a loan using your crypto holdings as collateral—Figure makes that happen.
The company has already served over 100,000 households across 47 states, which speaks to the growing demand for streamlined, tech-savvy lending options. But that’s just the beginning—this new partnership with Sixth Street opens up even more exciting possibilities.
A Shared Vision for the Future of Finance
For Sixth Street, this investment aligns with their broader focus on consumer fintech, a sector that is becoming increasingly important to the firm. In fact, just a few months ago, Sixth Street invested in Affirm, another consumer lending powerhouse, in a $4 billion deal. This focus on next-gen fintech solutions signals that Sixth Street is looking to ride the wave of innovation that’s transforming the financial world.
Figure Technology Solutions itself recently made waves when it spun off its lending division, creating a new parent entity called Figure Technology Solutions in March 2024. Meanwhile, its sister company, Figure Markets, is gaining attention for its role in the digital asset space, most recently receiving approval to launch a yield-bearing US dollar stablecoin. The synergy between these entities highlights the exciting future of decentralized finance (DeFi) and the growing role of blockchain in the lending sector.
Blockchain Investment Surges as the Tech Matures
Looking ahead, 2025 is shaping up to be a breakout year for blockchain-based funding, with venture capital investments expected to rise sharply. Despite the economic turbulence, such as rising inflation and global trade uncertainties, blockchain technology is proving to be an increasingly attractive space for investors.
According to PitchBook, blockchain and cryptocurrency startups are set to receive a whopping $18 billion in venture funding this year, a significant jump from $13.6 billion in 2024. This surge is partly driven by a favorable regulatory climate, including growing support from the US government and potential interest rate cuts in the second half of 2025.
Industry insiders believe that the next big wave of blockchain applications will be consumer-focused. Jeffrey Hu, head of investment research at HashKey Capital, points out that venture capital is increasingly flowing into blockchain startups that are developing decentralized infrastructure networks and real-world assets.
These “DePINs” (Decentralized Physical Infrastructure Networks) and blockchain-backed real-world assets are expected to be at the forefront of this investment boom, offering a tantalizing glimpse into the future of finance.
What’s Next for Figure and Blockchain Lending?
As Sixth Street continues to bolster its fintech portfolio, Figure Technology Solutions stands at the cutting edge of blockchain-powered lending. The infusion of $200 million will accelerate the company’s expansion into new markets and bolster its mission to create a more efficient, cost-effective lending process. For consumers, this could mean better access to affordable loans, faster processing times, and even greater flexibility when it comes to using digital assets.
For blockchain enthusiasts and investors alike, this partnership is a signal that the intersection of traditional finance and blockchain is no longer just a futuristic dream—it’s happening right now. As the technology matures and adoption grows, we can expect even more groundbreaking developments in the world of lending.
So, keep an eye on Figure—it’s not just a lender, but a pioneering force in the evolution of finance.
