Agora Data and Figure Technologies Announce Partnership to Launch First Blockchain-Based Auto Loan Platform for Real-World Assets

Agora Data, Inc., a non-prime auto fintech and analytics platform, and Figure Technology Solutions, a pioneer in blockchain-based capital markets infrastructure, announced a strategic partnership to launch the first blockchain-enabled platform bringing U.S. auto loans to modern capital markets as tokenized real-world assets (RWAs).

The partnership marks a significant milestone in the evolution of consumer finance, combining Agora’s industry-leading AI-powered auto credit modeling and underwriting expertise with Figure’s blockchain infrastructure, securitization capabilities, and digital asset marketplace. Together, the companies are opening access to an asset class long dominated by banks and institutional investors.

Through the Figure platform, decentralized finance investors will be able to directly access, lend against, or purchase Agora-originated auto loans, creating new liquidity, transparency, security, and efficiency across the $1.6 trillion U.S. auto market.

Agora Data’s blockchain-based platform, ALTRUVO, strengthens the Company’s diversified funding strategy by introducing a new, scalable capital source to meet increasing customer demand and better serve auto dealers and financial institutions. ALTRUVO will operate directly on the Figure platform leveraging Figure’s blockchain infrastructure, investor network, and marketplace technology to distribute Agora-originated auto loans as tokenized real-world assets.

“Auto loans represent one of the largest and most established consumer credit markets in the United States,” said Steve Burke, Chief Executive Officer of Agora Data. “By partnering with Figure, we are accelerating our growth and providing more capital to car dealerships while expanding access to auto loans through blockchain-based capital markets as an asset class on-chain for the first time. This collaboration adds to a growing list of firsts for Agora – enhancing liquidity, broadening investor participation, and accelerating real-world innovation.”

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“Agora is a natural partner for Figure’s expansion into auto finance, given their deep auto industry expertise, AI-powered financing capabilities, and strong growth trajectory,” said Michael Tannenbaum, Chief Executive Officer at Figure. “Together, we represent two market-leading platforms with a shared conviction that auto finance is fertile ground for the evolution of blockchain-based structured finance.”

Highlights of the Strategic Partnership:

• First-Ever Blockchain-Based RWA Auto Loans: Agora Data becomes the first company to place U.S. auto loans on blockchain as tokenized real-world assets.
• Preferred Review Partner: Agora Data is the preferred third-party review partner for auto loan assets on the Figure platform, leveraging Agora’s proprietary AI-powered financing and underwriting technology.
• Figure Equity Investment: As a further strengthening of the partnership, Figure is also making an equity investment in Agora.
• Built on the Figure Platform: Agora Data’s blockchain-based auto platform, ALTRUVO, will operate directly on Figure’s blockchain infrastructure, marketplace, and investor network.
• Expanded Investor Access: Decentralized finance investors can participate in auto loan-backed assets through the Figure application.
• Improved Capital Markets Efficiency: Blockchain-enabled distribution enhances transparency, scalability, and funding efficiency in a highly secured platform.
• Bridging Traditional and Decentralized Finance: The partnership accelerates the convergence of fintech, structured finance, and capital markets.

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