# Figure

> Building the future of capital markets on blockchain.

Figure uses blockchain technology to provide lending, trading, and investment solutions for consumer credit and digital assets.

Figure operates a vertically integrated blockchain-based capital markets platform for consumer assets and digital assets. The platform enables home equity lending, crypto-backed loans, tokenized asset trading, and yield-generating products through the Provenance Blockchain. Figure serves consumers, institutional partners, and investors across the United States.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2018-01-01
- Profile: https://thegrid.id/profiles/figure

## Products

- [Figure HELOC](https://thegrid.id/profiles/figure): Figure HELOC is a home equity line of credit that provides homeowners with access to equity in as fast as 5 minutes with funding in as few as 5 days. The product uses a fully online application process and settles loans on Provenance Blockchain for transparency and efficiency. (Centralised Borrowing & Lending, Live, Main Product)
- [Figure Connect](https://thegrid.id/profiles/figure): Figure Connect is a blockchain-based private credit marketplace that connects loan originators and institutional buyers. The platform provides forward commitments, active bid locking, and pool delivery with settlement processes reduced from months to days through Provenance Blockchain integration. (Payment Links & Request Tools, Live)
- [Democratized Prime](https://thegrid.id/profiles/figure): Democratized Prime is a lending marketplace that enables users to fund loans backed by tokenized real-world assets including home equity lines of credit. The platform uses hourly Dutch auctions for interest rate discovery, with Figure Markets managing borrower matching, interest collection, and collateral oversight on Provenance Blockchain. (Centralised Borrowing & Lending, Live)
- [Figure Exchange](https://thegrid.id/profiles/figure): Figure Exchange is a digital asset marketplace that provides crypto trading with decentralized MPC custody wallets. The exchange supports cross-asset collateralization for margin lending and enables trading of cryptocurrencies and tokenized real-world assets on Provenance Blockchain. (Centralised Exchange, Live)
- [Crypto-Backed Loans](https://thegrid.id/profiles/figure): Crypto-Backed Loans enables Bitcoin, Ethereum, and Solana holders to borrow cash against their holdings while maintaining long exposure. Loans offer fixed rates up to 75% LTV with no credit checks. Collateral is held in segregated MPC custody wallets viewable on-chain throughout the loan term. (Centralised Borrowing & Lending, Live)
- [DART](https://thegrid.id/profiles/figure): DART is a blockchain-based lien and eNote registry system that tracks ownership of notes, liens, and collateral in real-time. The system uses Provenance Blockchain to automatically update loan ownership and registration information, providing investors and lenders with operational efficiency and verifiable ownership records. (Developer Tooling, Live)
- [DSCR Loan](https://thegrid.id/profiles/figure): DSCR Loan is a debt service coverage ratio loan product for real estate investors. Loan qualification is based on property cash flow rather than personal income, enabling investors to secure financing for rental properties. The platform uses AI-powered automation with blockchain-based transparency and settlement on Provenance Blockchain. (Centralised Borrowing & Lending, Live)

## Assets

- [YLDS (YLDS)](https://thegrid.id/profiles/figure): YLDS is a USD-pegged yield-bearing stablecoin issued by Figure Certificate Company and registered with the SEC. It is used for peer-to-peer transfers and pays daily interest at SOFR minus 50 basis points. Unlike traditional stablecoins that generate no return for holders, YLDS distributes yield directly to token holders through automatic daily accruals, with reserves backed by securities held in prime money market funds. (Stablecoin)

## Links

- [Main](https://www.figure.com)
- [Blog](https://www.figure.com/blog)
- [Terms of Service](https://www.figure.com/terms)
- [Privacy policy](https://www.figure.com/privacy)
- [Telegram](https://t.me/FigureTechnologySolutions)
- [LinkedIn](https://linkedin.com/company/figuretechnologies)
- [Twitter / X](https://x.com/figure)
- [Instagram](https://www.instagram.com/FigureTechnologies)

## Relationships

- [Provenance Blockchain](https://thegrid.id/profiles/provenance_blockchain): Subsidiary
- [Hastra](https://thegrid.id/profiles/hastra): Subsidiary

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP