Cross River commits $250M to purchase Figure crypto-backed loans

Investing_ng | 05-06-2026 03:09am |

Cross River has announced a commitment of $250 million to acquire loans backed by cryptocurrency through Figure Technologies. This strategic investment aims to enhance Cross River's portfolio and leverage the growing intersection of traditional finance and digital assets. The partnership with Figure is expected to facilitate innovative lending solutions and expand access to capital for various borrowers.

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