According to Crowdfund Insider, U.S. financial infrastructure service provider Cross River Bank has announced a forward flow agreement with blockchain-native capital markets platform Figure Technology Solutions, committing to purchase up to $250 million in assets to support Figure's crypto-backed mortgage products. This product allows borrowers to secure USD loans using digital assets as collateral while continuing to hold the associated digital assets. Figure stated that its loan origination system and capital markets platform are already used by over 380 partners and have facilitated more than $25 billion in home equity loans. Crypto-backed loans are currently unavailable in certain U.S. states. https://(wublock123.com)/news/cross-river-funds-figure-crypto-mortgages-up-to-250m-62293