Figure Technology Solutions posts 113% volume surge in record Q1

Figure Technology Solutions (NASDAQ:FIGR) reported a massive acceleration in its marketplace activity for the first quarter of 2026, as the fintech leader continues to capture market share through its blockchain-native lending and investment platforms.

The San Francisco-based company, which pioneered the use of the Provenance Blockchain for home equity lines of credit (HELOCs), saw its Consumer Loan Marketplace volume soar to $2,902 million in the first quarter—a 113% increase compared to the same period in 2025.

Monthly momentum remained high through the end of the quarter, with March volume hitting $1,190 million, up 102% year-over-year.

The preliminary, unaudited data highlights the rapid institutional and retail adoption of Figure’s "Democratized Prime" ecosystem.

As of March 31, 2026, the platform reported matched offers of $368 million against borrower demand of $376 million.

Notably, available lender supply stood at $453 million, suggesting significant untapped liquidity remains on the platform to fuel further growth in the second quarter.

A key driver of the quarter's performance was the explosive growth of the company’s yield-bearing digital asset.

$YLDS in circulation reached $598 million at quarter-end, representing an 83% sequential increase from the fourth quarter of 2025.

The asset has gained traction as a capital-efficient vehicle for investors seeking exposure to the interest income generated by the platform's high-quality loan originations.

The record quarter comes as Figure continues to expand its partnership network.

In February, the company announced a strategic integration with several major independent mortgage banks (IMBs) to provide white-labeled HELOC solutions, a move that likely contributed to the 113% volume spike.