Everything on Technology Moat

AI underwriting cut HELOC origination costs from about $11,000 to under $1,000 and shortened processing from 40 days to five to seven days. Blockchain rails further reduce intermediaries and improve transaction visibility.

Impact: The combination creates a defensible cost and speed advantage. Competitors may copy AI underwriting, but replicating the full on-chain infrastructure and liquidity network is harder.

— from Figure Markets Pivots From Lender To Blockchain Marketplace · The Milk Road Show· Aug 14, 2026