Figure’s PRIME Cryptocurrency: Easy Access to Institutional Income on Solana

Figure and major partners launched an RWA consortium: real assets are now on Solana

Figure Technology Solutions (Nasdaq: FIGR), a leader in blockchain products for the credit market, announced the launch of the historic RWA Consortium. This strategic alliance of the largest crypto platforms aims to democratize access to institutional income through the PRIME token.​

Partnership of strong players

The consortium includes leading companies in the crypto ecosystem, each of which plays a key role in the implementation of the ambitious project:​

• Figure – Provides access to its over $1 billion in monthly blockchain-based credit originations via the Democratized Prime protocol

• Kamino Finance – acts as an exclusive lending and borrowing partner, supports PRIME listing and provides the best execution of transactions on Solana

• Chainlink – provides oracle infrastructure and enables cross-chain interoperability via CCIP

PRIME liquid staking token

The new PRIME token is powered by the Hastra protocol, developed in partnership between Figure and the Provenance Blockchain Foundation. This financial instrument allows everyday DeFi users to access the same high-yield investment opportunities that were previously only available to banks and accredited investors.​

Now an investor with a deposit of only $100 can:

• Participate in credit pools on an equal basis with financial institutions

• Receive institutional income from real lending activities

• Have full transparency and instant liquidity of your assets

Scaling the project on the Solana blockchain

Selecting Solana as the first network outside of Provenance Blockchain underscores Figure’s strategic direction. Solana’s network speed and active developer ecosystem create ideal conditions for bringing RWA solutions to mass use.​

Figure already has impressive numbers: cumulative loan originations amounted to more than $19 billion, and the company holds 70% of the market share in the private lending segment on the blockchain. The company is now preparing to expand its multi-chain infrastructure by leveraging Chainlink CCIP technology to enable seamless interoperability between different blockchains.​

Loyalty programs and investor education

The consortium focuses not only on products, but also on social involvement:​

• Reward programs to attract new users

• Educational activities

• Special event at the Solana Breakpoint conference – a full-day RWA Experience called “DeFi Desert”

This confirms the consortium’s commitment to long-term development of the ecosystem rather than short-term value extraction.

News highlights

• Figure launched RWA Consortium to democratize access to credit markets

• PRIME token allows any user with $100 to receive income like a bank

• Kamino Finance is an exclusive lending partner on Solana

• Chainlink provides cross-chain interoperability via CCIP

• Figure has $19 billion in credit originations and 70% market share in private credit

• The target market for tokenized real assets is estimated at $185+ billion

• Solana selected as first network to expand beyond Provenance Blockchain

Disclaimer: The information is for informational purposes only and under no circumstances constitutes an individual investment recommendation. Investments in RWA tokens involve risks inherent in both traditional credit markets and crypto assets.