US — Figure Technology Solutions Inc. announced a private offering of $600 million in senior notes on July 6, 2026. The company intends to use the net proceeds from this offering to fund the cash consideration for its acquisition of Kiavi and for general corporate purposes, including related transaction fees.

This offering is exempt from the registration requirements of the Securities Act of 1933. The transaction is subject to market and other customary conditions. The notes offering is not conditional upon the finalization of the Kiavi acquisition.

Kiavi operates as an AI-powered lending platform specifically for residential real estate investors. The notes will be guaranteed on a joint and several basis by certain domestic wholly-owned subsidiaries of Figure Technology Solutions Inc. This offering is limited to qualified institutional buyers within the U.S. and non-U.S. persons located outside the country.

The notes will not be registered under the Securities Act or applicable state securities laws. Figure Technology Solutions Inc. is a U.S. fintech company. It operates a blockchain-native capital marketplace that facilitates loan origination, funding, and the trading of tokenized assets. The company's marketplace includes both consumer credit and digital asset products.

The private offering provides $600 million for strategic initiatives. The funds will primarily support the acquisition of Kiavi, expanding Figure's capabilities in the residential real estate lending sector through an AI-powered platform. This move fits within the company's established model as a blockchain-native capital marketplace, indicating growth in its financial product offerings and broader market reach.