Big news in the world of money! A company called Figure Technology got a huge investment of $200 million. They use something called blockchain – it's like a super-secure digital ledger – to make borrowing money easier and cheaper.
This investment will help Figure give out even more loans, maybe up to $2 billion! They mainly help people borrow money for home improvements, but also help businesses and people who want to pay off debt. They even help people who invest in cryptocurrencies.
More and more companies are using blockchain. Experts think that investments in blockchain companies will keep growing.
- Figure Technology uses blockchain for loans.
- They got $200 million to expand.
- They might give out $2 billion in new loans.
- Experts predict more investments in blockchain this year.
| Fact | Number |
|---|---|
| Investment in Figure Technology | $200 million |
| Potential new loans from Figure | $2 billion |
| Predicted blockchain investment in 2025 | $18 billion |
