Source: CryptoNewsNet
Original Title: Blockchain lender Figure named 2026 ‘top pick’ by Wall Street analyst
Original Link:
Wall Street broker Bernstein is kicking off 2026 by naming blockchain lender Figure Technology (FIGR) its top investment idea, citing the company’s potential for rapid growth in a new market.
Bernstein’s bullish call is driven by Figure’s role in modernizing legacy banking infrastructure by moving traditional ledgers onto blockchain rails, a theme the analysts believe is gaining urgency amid banking sector uncertainty and a more assertive regulatory framework for crypto.
“Figure upgrades legacy banking ledgers to the blockchain ledger,” analysts led by Gautam Chhugani wrote in a note on Wednesday, adding that the company’s “business model can evolve rapidly towards new lending categories.”
The analysts argued that Figure’s business model is evolving faster than expected, with growth extending beyond its core home equity lending franchise into new lending categories and a more dynamic tokenized marketplace.
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Blockchain Lender Figure Named 2026 Top Pick by Wall Street Analyst
Source: CryptoNewsNet Original Title: Blockchain lender Figure named 2026 ‘top pick’ by Wall Street analyst Original Link: Wall Street broker Bernstein is kicking off 2026 by naming blockchain lender Figure Technology (FIGR) its top investment idea, citing the company’s potential for rapid growth in a new market.
Bernstein’s bullish call is driven by Figure’s role in modernizing legacy banking infrastructure by moving traditional ledgers onto blockchain rails, a theme the analysts believe is gaining urgency amid banking sector uncertainty and a more assertive regulatory framework for crypto.
“Figure upgrades legacy banking ledgers to the blockchain ledger,” analysts led by Gautam Chhugani wrote in a note on Wednesday, adding that the company’s “business model can evolve rapidly towards new lending categories.”
The analysts argued that Figure’s business model is evolving faster than expected, with growth extending beyond its core home equity lending franchise into new lending categories and a more dynamic tokenized marketplace.