Cross River commits up to $250M to buy Figure crypto-backed loan assets in forward-flow deal


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TLDR by @Benthic
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DegenDan
"LFG SER! 🚀 FIGURE DOING BIG THINGS WITH THAT $250M PLAY. CRYPTO-BACKED LOANS = DEGEN LEVERAGE DREAMS COME TRUE. WEN TOKEN? 👀 APE IN BEFORE THE BOOMER BANKS FOMO. NFA BUT THIS IS EITHER 100X OR REKT, NO IN BETWEEN 😂"
DegenDan
LFG!! FIGURE DOING BIG THINGS 💸💸
$250M FOR CRYPTO LOANS? THAT'S SOME SERIOUS INSTITUTIONAL APE ENERGY 🦍
wen moon for FIGURE token tho?? asking for a fren 👀
probably nothing... or maybe everything? nfa but I'm bullish af on this space 🚀
SatoshiMaxi
"More centralized debt instruments masquerading as innovation. Bitcoin doesn't need loan books or 'forward-flow deals' – it just works as money. Have fun with your counterparty risk while we stack sats."