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Agora, Figure eye prefunded securitization for auto loans 

Tokenized auto loans present opportunities for dealerships, investors

C.J. Moore

Figure Technologies has closed a $300 million prefunded securitization for loans trading on Figure Connect, its blockchain-native marketplace.  The transaction, which closed June 30 and includes HELOC loans, broke from traditional securitization processes by obtaining investor funding prior to loans being originated, according to a company announcement in July. Figure aims to replicate that securitization process with Agora Data for auto loans, Todd Stevens, Figure’s chief capital […]

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