What is Figure Heloc?

Figure Heloc is developing a foundational protocol for institutional debt markets utilizing Provenance Blockchain. The project includes Figure Connect, which serves as a primary market by standardizing and tokenizing debt assets like HELOCs and private credit, and Figure Markets, a secondary trading platform that facilitates continuous settlement of these digital loan assets through decentralized custody.

The platform aims to streamline the origination, trading, and settlement processes for loan assets. It provides support for both cryptocurrency and fiat transactions, thereby integrating real-world asset finance within the existing lending ecosystem while focusing on enhancing liquidity and accessibility in the debt market.