Figure to acquire Kiavi in $717M deal to expand tokenization efforts
@Figure has agreed to acquire AI-powered real estate lending platform @kiavi_inc for $717 million as it looks to accelerate the adoption of blockchain-based capital markets.
The company plans to bring Kiaviโs lending operations onto its tokenization infrastructure, aiming to improve efficiency, reduce costs, and expand the flow of real-world assets across its onchain marketplace network.
Ripple launches toolkit for AI-powered payments on XRPL
@Ripple has introduced a developer toolkit designed to help build agentic payment applications on the XRP Ledger, enabling AI-driven systems to execute and settle transactions with minimal human involvement.
The toolkit also supports x402-powered payments using XRP and RLUSD, giving developers access to internet-native payment infrastructure for autonomous financial applications.