Figure - 150M USD Token


$1 USD (0%)

24h Volume

Market Cap

Last Trade
March 31, 2024

Last Trade
March 31, 2024
Figure - 150M USD logo

FLOC2020-1 Market Cap & Volume


Trading History

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Fundraise Information

Total Raise $150,000,000 USD
Soft Cap $0 USD
Raise Status Closed
Minimum Investment $0 USD
Accepted Investors US Accredited
Exemptions TBA
Instrument HELOC Securitization
Token Issuance Info Institutional Transaction

Token Information

Price Per (FLOC2020-1) $1 USD (0%)
Token Issuance Platform Figure Securities
Blockchains Available On Provenance
Security Type Fixed Income
Asset Class Asset Backed Securities
Payment Options USD

Token Rights




On March 5, 2020, Figure sponsored the first securitization backed by a bundle of home equity lines of credit (HELOCs) originated, serviced, financed, and sold using blockchain technology (the “FLOC 2020-1 securitization”).

Originator, Servicer, Issuer & Co-Sponsor: Figure Lending LLC
Date: 3/5/2020
Country: United States
Size (USD): $150M
Length: N/A
Interest Rate: N/A

U.S. brokerage Jefferies Group and Japan's Nomura managed the bond sale for Figure. Jeffrey Gundlach’s DoubleLine for the $127 million of senior notes and Tilden Park Capital Management for the riskier $22 million subordinated tranche, according to a white paper from Figure.


This listing is for informational purposes only, highlighting the issuance information. Trading data is currently unavailable

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Click Here for Whitepaper