Plume launches nPRIME vault offering yield from Figure's $30 billion home equity lending market


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Promote with Leviathan NewsPlume has introduced the nPRIME vault, letting users access yield from Figure's $30 billion home equity lending market through a single deposit. According to the post, Figure can take months to sell a newly funded home equity loan to a long-term investor, and banks previously supplied the working capital bridging origination and sale. Under the Democratized Prime model, investors provide that short-term capital to earn yield, while HastraFi manages the auctions and packages positions into PRIME. nPRIME wraps this via Plume Vaults, requiring no auctions to navigate or positions to manage.
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Introducing nPRIME. Access yield from Figure’s $30 billion home equity lending market directly via Plume Vaults. When @Figure funds a home equity loan, it can take months before it sells that loan to a long-term investor. Previously, banks provided the working capital to bridge…
Nest has launched nPRIME on @plumenetwork, giving users onchain access to yield from @Figure's $30B home equity lending market through Plume Vaults.
Real yield is coming to @plumenetwork. Exposure to Figure’s $30B home equity ecosystem is now accessible via Plume Vaults. https://t.co/rJMwDE2ZiM
PRIME has a new home on Plume Vaults 🪶 nPRIME opens @Figure's home equity lending market to Plume depositors, with Hastra handling auction participation and allocation underneath. One deposit. Curated exposure to real-world HELOC loan yield. https://t.co/Sx7OH8hC0m
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