Sixth Street in its joint venture with Figure Technology Solutions in connection with Figure’s acquisition of Kiavi

On June 10, 2026, Figure Technology Solutions (Nasdaq: FIGR; OPEN: FGRS), the blockchain-native capital marketplace for the origination, funding, sale, and trading of tokenized assets,  announced a definitive agreement to acquire Kiavi, an AI-powered lending platform for residential real estate investors.

The transaction includes the purchase of Kiavi’s balance sheet assets by a joint venture between Figure and Sixth Street, a leading global investment firm.

The total transaction purchase price is $717 million.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Sixth Street.