Figure Acquires Kiavi for $717 Million to Lead Real Estate Tokenization

Real‑estate fintech firm Figure announced a $717 million purchase of Kiavi. The acquisition is positioned to give Figure a leading role in property tokenization. Kiavi’s platform will be integrated into Figure’s existing financial services. The deal reflects growing investor interest in blockchain‑based real‑estate assets. Figure plans to expand its product suite with tokenized offerings. Industry analysts view the move as a push toward mainstream adoption. The transaction is expected to close later this year pending regulatory approval. The combined entities aim to streamline access to fractional property investments.