Figure: Sixth Street acquires Kiavi for $717 million

Blockchain capital market company Figure has formed a joint venture with Sixth Street to acquire AI real estate loan platform Kiavi for $717 million. Figure Acquisition of Kiavi's technology and operational platform, joint venture company acquires Kiavi's loan assets. Kiavi CEO Arvind Mohan joins Figure as Chief Business Officer. Kiavi's assets have become the application scenario for Figure AI product Adaptor, which supports Agent to Agent automation docking.