Druckenmiller’s $77 Million Investment Sparks Momentum in Blockchain Lending, Analysts Raise Their Projections
- Billionaire Stanley Druckenmiller's $77M investment in Figure (FIGR) triggered a 15% stock surge, signaling institutional confidence in its blockchain lending model. - Analysts raised price targets to $55-$56 after Q3 results showed 70% YoY loan growth to $2.5B and 55.4% EBITDA margins, surpassing estimates by 40-200%. - Figure's AI-driven capital-light model and RWA tokenization (e.g., $YLDS stablecoin) are highlighted as growth catalysts, with 60% of loans now via its Connect platform. - Institutional
Figure Shares Rally After Druckenmiller’s $77M Investment, Analysts Boost Price Forecasts
Figure Technology Solutions (NASDAQ: FIGR) saw its stock climb by as much as 15% on Monday, following billionaire Stanley Druckenmiller’s announcement of a $77 million investment in the blockchain-based lending company. This move is seen as a sign of increasing institutional trust in Figure’s asset-light approach and tokenization initiatives. Since its IPO in September, the stock has jumped 44% and is now trading at $44.45, up from $40.24 earlier in the week. Piper Sandler and Mizuho have both increased their price targets for
Druckenmiller’s position, disclosed in a 13F filing, added 2.1 million shares to his portfolio, making up 1.9% of his total assets. Known for his early investments in innovative technologies, the hedge fund legend
The upward revisions in price targets reflect Figure’s robust third-quarter showing.
Experts also highlighted Figure’s asset-light model, which uses automation and AI to expand operations without a matching rise in costs. “Figure’s ability to boost loan volumes while keeping expenses in check gives it a structural edge,” said Mizuho’s Dan Dolev, who lifted his price target to $56
In addition to its lending business, Figure is moving into real-world asset (RWA) tokenization, with its $YLDS stablecoin gaining momentum on the
Although there are short-term risks from limited loan supply, Piper Sandler and Mizuho remain positive about Figure’s future prospects. “Figure is creating a flywheel effect through expanding partnerships, diversifying products, and advancing technology,” one strategist noted. With Druckenmiller’s institutional support and 60% of loan volume now coming from its Figure Connect platform, the company is well-positioned to benefit from the tokenization wave as crypto markets stabilize
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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