Cross River Announced Forward-Flow Agreement With Figure Technology Solutions; Cross River's PFG To Purchase Up To $250M In Assets To Support Figure's Crypto-Backed Loans

Figure Technology Solutions

Figure Technology Solutions

FIGR

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Cross River expands new asset class coverage and enables Figure customers to unlock liquidity from digital assets

Cross River Bank ("Cross River"), a technology infrastructure provider that offers embedded financial solutions, today announced a forward-flow agreement with Figure Technology Solutions ("Figure, NASDAQ:FIGR, OPEN: FGRS), the leading blockchain-native capital marketplace for the origination, funding, sale, and trading of blockchain-native assets. Through this agreement, Cross River's Principal Finance Group (PFG) has committed to purchasing up to $250 million in assets to support Figure's Crypto-Backed Loans.

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