Legendary hedge fund manager buys $76M of sinking crypto stock

Figure, the blockchain-based consumer lending platform is back in the spotlight after billionaire investor Stanley Druckenmiller disclosed a major new position in the company. For the uninitated, Figure operates a marketplace for tokenized consumer loan origination, using blockchain rails to package, verify and settle loans far more efficiently than traditional lenders. The firm went public in September and has pitched itself as the first large-scale consumer lending platform built natively on blockchain ...