Cross River Bank commits up to USD 250 million in forward-flow financing for Figure crypto-backed loans

  • Cross River Bank signed a forward-flow agreement with Figure to buy up to USD 250 million of assets backing Figure’s crypto-backed loans.
  • Commitment provides Figure with dedicated funding to offer USD liquidity to consumers without requiring crypto sales.
  • Facility will be executed through Cross River’s Principal Finance Group, which purchases loan assets from fintech originators.


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