Figure Heloc Price (FIGR_HELOC)

A home equity line of credit, or HELOC, lets a homeowner borrow against equity in their home. Figure originates, services and sells HELOCs. Its Figure Connect marketplace brings loan originators and buyers together.

On the Provenance blockchain, Figure uses digital records called scopes to represent loan assets. A scope links the on-chain record to information held off-chain. This gives participants a way to track the loan and its transfer history without putting the underlying documents on the public ledger.

The market data above gives the tracked listing a dollar value. Figure’s disclosures describe the underlying loans, their servicing and how they are sold. Those details give readers context that a price chart alone cannot capture.