About Figure Heloc

The FUSDT project aims to establish a robust foundational protocol layer specifically designed for institutional debt markets utilizing blockchain technology. By leveraging the Provenance Blockchain, the initiative encompasses two key components: Figure Connect and Figure Markets. Figure Connect serves as a primary market for credit, focusing on the standardization and tokenization of various debt assets, including Home Equity Lines of Credit (HELOCs) and private credit. This process transforms traditional loan assets into composable formats that can be efficiently utilized on-chain. Figure Markets complements this by providing a secondary trading venue that facilitates the continuous settlement of digital loan assets through decentralized custody solutions. This platform supports seamless transactions in both cryptocurrency and fiat currencies, ensuring accessibility and flexibility for users. Collectively, these components create an integrated protocol that enhances the financing of real-world assets, drawing upon extensive experience within the lending ecosystem.