According to CoinMeta, Wu said that the blockchain-native capital market platform Figure Technology Solutions ( NASDAQ : FIGR ) announced the completion of its acquisition of the real estate lending platform Kiavi, obtaining its technology, operational platform, and some assets. This transaction also includes the establishment of a joint venture between Figure and Sixth Street; the latter will acquire the loans listed in the balance sheet of Kiavi. Kiavi will be integrated with Figure Connect and its over 480 ecosystem partners, while Kiavi CEO Arvind Mohan will join Figure as the Chief Business Officer.