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Provenance Blockchain Lands $1 Billion Deal to Provide and Settle Loans on Blockchain

Figure Technologies Inc., a financial services company has established a deal worth almost $1 billion in uncommitted asset-based financing facility on the Provenance.io blockchain with Jefferies and WSFS Banking Services. Provenance Blockchain will act as custodians and enforcers the financial services available associated with it. Figure Technologies Inc. uses Provenance Blockchain to initiate, finance, and sell its HELOC loans

Figure Technologies Inc., a financial services company has established a deal worth almost $1 billion in uncommitted asset-based financing facility on the Provenance.io blockchain with Jefferies and WSFS Banking Services. Provenance Blockchain will act as custodians and enforcers the financial services available associated with it. Figure Technologies Inc. uses Provenance Blockchain to initiate, finance, and sell its HELOC loans