ARLINGTON, Texas, Feb. 26, 2026 (GLOBE NEWSWIRE) — Agora Data, Inc. (“Agora” or the “Firm”), a non-prime auto fintech and analytics platform, and Figure Know-how Options (NASDAQ: FIGR) (“Figure”), a pioneer in blockchain-based capital markets infrastructure, right now introduced a strategic partnership to launch the primary blockchain-enabled platform bringing U.S. auto loans to fashionable capital markets as tokenized real-world property (RWAs).
The partnership marks a big milestone within the evolution of client finance, combining Agora’s industry-leading AI-powered auto credit score modeling and underwriting experience with Figure’s blockchain infrastructure, securitization capabilities, and digital asset market. Collectively, the businesses are opening entry to an asset class lengthy dominated by banks and institutional traders.
By means of the Figure platform, decentralized finance traders can be in a position to instantly entry, lend in opposition to, or buy Agora-originated auto loans, creating new liquidity, transparency, safety, and effectivity throughout the $1.6 trillion U.S. auto market.
Agora Data’s blockchain-based platform, ALTRUVO™, strengthens the Firm’s diversified funding technique by introducing a brand new, scalable capital supply to meet growing buyer demand and higher serve auto sellers and monetary establishments. ALTRUVO™ will function instantly on the Figure platform leveraging Figure’s blockchain infrastructure, investor community, and market expertise to distribute Agora-originated auto loans as tokenized real-world property.
“Auto loans signify one of many largest and most established client credit score markets in america,” stated Steve Burke, Chief Government Officer of Agora Data. “By partnering with Figure, we’re accelerating our development and offering extra capital to automobile dealerships whereas increasing entry to auto loans via blockchain-based capital markets as an asset class on-chain for the primary time. This collaboration provides to a rising record of firsts for Agora – enhancing liquidity, broadening investor participation, and accelerating real-world innovation.”
“Agora is a pure companion for Figure’s enlargement into auto finance, given their deep auto {industry} experience, AI-powered financing capabilities, and sturdy development trajectory,” stated Michael Tannenbaum, Chief Government Officer at Figure. “Collectively, we signify two market-leading platforms with a shared conviction that auto finance is fertile floor for the evolution of blockchain-based structured finance.”
Highlights of the Strategic Partnership:
- First-Ever Blockchain-Based RWA Auto Loans: Agora Data turns into the primary firm to place U.S. auto loans on blockchain as tokenized real-world property.
- Most popular Evaluate Companion: Agora Data is the popular third-party evaluate companion for auto mortgage property on the Figure platform, leveraging Agora’s proprietary AI-powered financing and underwriting expertise.
- Figure Fairness Funding: As an additional strengthening of the partnership, Figure can also be making an fairness funding in Agora.
- Constructed on the Figure Platform: Agora Data’s blockchain-based auto platform, ALTRUVO™, will function instantly on Figure’s blockchain infrastructure, market, and investor community.
- Expanded Investor Entry: Decentralized finance traders can take part in auto loan-backed property via the Figure software.
- Improved Capital Markets Effectivity: Blockchain-enabled distribution enhances transparency, scalability, and funding effectivity in a extremely secured platform.
- Bridging Conventional and Decentralized Finance: The partnership accelerates the convergence of fintech, structured finance, and capital markets.
The Auto platform is predicted to start onboarding property in March.
About Agora Data, Inc.
Agora Data, Inc. is a number one non-prime auto fintech innovator reworking entry to capital throughout the automotive finance ecosystem. By means of superior AI-driven analytics, credit score modeling, and capital markets experience, Agora empowers mortgage originators to enhance portfolio efficiency, unlock capital, and scale responsibly. Backed by deep automotive roots, Agora has delivered a number of {industry} firsts, together with the {industry}’s first asset-pooled non-prime auto securitization in 2020, and continues to pioneer modern structured finance and funding options for auto sellers, monetary establishments, and traders via embedded finance merchandise. Agora drives better effectivity, transparency, and long-term efficiency in non-prime auto finance. For extra data, go to www.agoradata.com or name 1-877-592-4672.
About Figure Know-how Options
Figure Know-how Options, Inc. (Nasdaq: FIGR) is a blockchain-native capital market that seamlessly connects origination, funding, and secondary market exercise. Greater than 250 companions use its mortgage origination system and capital market. Collectively, Figure and its companions have originated over $22 billion of house fairness to date, amongst different merchandise, making Figure’s ecosystem the biggest non-bank supplier of house fairness financing. The quickest rising elements are Figure Join, its client credit score market, and Democratized Prime, Figure’s on-chain lend-borrow market. Figure’s ecosystem additionally consists of DART (Digital Asset Registry Know-how) for asset custody and lien perfection, and $YLDS, an SEC-registered yield-bearing stablecoin that’s issued by a tokenized face-amount certificates firm, which is a kind of registered funding firm.
Figure is the market chief in actual world asset (RWA) tokenization and its most up-to-date securitization acquired a AAA score from S&P and Moody’s, the primary of its form for blockchain finance. For extra data, go to https://figure.com or comply with Figure on LinkedIn.
Contacts:
press@figure.com
media@agoradata.com
