[Figure Acquires AI Real Estate Loan Platform Kiavi for $717 Million] Foresight News reports that blockchain capital markets company Figure has partnered with Sixth Street to form a joint venture to acquire the AI-driven real estate investment loan platform Kiavi for a total price of $717 million. According to the agreement, Figure will acquire Kiavi's technology and operational platform, while the joint venture will take over the loan assets on Kiavi's balance sheet. After the transaction is completed, Kiavi CEO Arvind Mohan will join Figure as Chief Business Officer. Additionally, Kiavi's assets will serve as the first application scenario for Figure's new AI product, Adaptor, which supports Agent-to-Agent automated integration, reducing the listing time and costs for different asset originators.