Billionaire investor Stanley Druckenmiller has quietly built a major position in Figure Technologies, disclosing a roughly $77 million investment via his Duquesne Family Office in a recent 13F filing.
Druckenmiller is a legendary macro investor, co-founder of Duquesne Capital, and famous for backing big structural technology and economic bets. While he’s previously exited some big-name AI plays, including Nvidia and Palantir in early 2025, his move into Figure signals growing confidence in blockchain-native financial infrastructure.
In Q3 2025, Figure reported strong growth, telling shareholders that its ‘Figure Connect’ marketplace is expected to generate about 60% of its loan volume, up from 46% in the previous quarter. Meanwhile, the company has launched a yield-bearing stablecoin called YLDS on Provenance. This is designed to attract capital by offering digital-dollar exposure.
Figure’s changing narrative
Druckenmiller’s investment is one of the largest early institutional bets on Figure, and it’s spurred analysts at Bank of America, Mizhou, and Piper Sandler to raise their price targets. They highlight Figure’s shift to a capital-efficient HELOC model and its use of AI and blockchain to drive cost savings.
Figure is a blockchain-driven consumer lending platform, founded by SoFi co-founder Mike Cagney. The company leverages tokenization to originate and package home equity lines of credit (HELOCs) more efficiently on its Provenance blockchain. Since its IPO in September 2025, FIGR has jumped 44%, a rare feat among crypto-linked companies in a broader market downturn.
Source: Yahoo Finance