According to Wu Blockchain, Figure responded to allegations from short-selling institutions, stating that its loans are represented on-chain immediately after issuance. All subsequent ownership transfers and pledges are recorded and executed on-chain through its platform. Certain HELOC-related processes still require traditional documentation due to regulatory requirements, with on-chain records serving as the operational 'system ledger,' while offline documents are primarily for legal compliance purposes. Regarding risk control and asset quality, Figure stated that the average FICO score of its loan borrowers is approximately 754, with an average income of about $187,000, and a combined post-loan LTV of around 62%. It also claimed that its multi-year loss rate is approximately 1% or lower. Additionally, Figure mentioned that as of March 2026, the total loan sales volume on its platform exceeded $1.15 billion, and the BWIC auction spread completed on its platform in April hit a record low, denying claims of institutional fund withdrawal. https://(wublock123.com)/news/news-59740