Big news in the world of finance! A giant company called Sixth Street just gave $200 million to Figure, a company that uses blockchain to lend money. Blockchain is like a super-secure digital ledger, making everything transparent and safe.
- Sixth Street is a huge investment firm.
- Figure uses blockchain to make lending easier and faster.
- This money will help Figure lend even more money to people and businesses.
- It's like a special system that helps people borrow money more easily and cheaply.
| What Happened | Details |
|---|---|
| Investment | $200 million from Sixth Street to Figure |
| Goal | Improve lending, lower costs |
| Technology | Blockchain (a secure digital record-keeper) |
