**[Figure Technology and Hastra Collaborate to Launch On-Chain Auto Loans, Expanding DeFi Credit Assets]** According to Deep Tide TechFlow on April 15, as reported by Cointelegraph, blockchain lending platform Figure Technology and its on-chain credit platform Hastra have officially incorporated auto loans into their tokenized credit market, further enriching the category of real-world assets (RWA) accessible to decentralized finance (DeFi) investors. Democratized Prime, as the decentralized lending marketplace of Figure Markets, has introduced auto financing as a new asset class for the first time. Hastra also announced its expansion to Ethereum-compatible chains (EVM chains), with plans to first launch auto loan products on Solana and roll them out on Ethereum in June. According to Figure CEO Michael Tannenbaum, the platform has cumulatively generated over $22 billion in on-chain loans. Analysts believe that Figure's tokenized lending business has shown significant growth and have assigned it an "outperform" rating with a target price of $67.