Lates News

On April 7, according to analysts from Bernstein, the blockchain-based lending platform Figure Technology Solutions, which went public last year, may currently be undervalued due to the accelerated loan issuance speed and the expansion of its tokenized credit market size. Bernstein's report released on Monday gave Figure a "outperform" rating with a target price of $67 - nearly double the stock's recent trading level of around $32. The bullish expectations are driven by the surge in loan activity, with Figure issuing $1.2 billion in loans in March, a 33% increase from the previous month and the first time monthly loan volume has exceeded $1 billion.