Bernstein initiated coverage of Figure (FIGR) with an Outperform rating and $54 price target The firm says tokenized loans digitize and disintermediate lending markets. Figure is a market leader in credit tokenization, with 75% market share in tokenized private credit, the analyst tells investors in a research note. It believes the company’s technology brings the liquidity of blockchain capital markets to consumer loans.
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Read More on FIGR:
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