Cryptoeconomics

News, data and analysis on tokenized assets, market design and digital economic systems.

Protocol

Hastra

Liquidity protocol that passes the yield on pools of tokenized Figure loans to holders of PRIME, a liquid staking token; because the collateral is Figure's own underwriting, it concentrates originator risk rather than diversifying it.

Kind Protocol
Jurisdiction United States
Founded 2025
Stories filed 0

The profile

Liquidity protocol incubated in 2025 by Figure Technology Solutions and Provenance Blockchain that takes yield generated on pools of tokenized Figure loans and distributes it to holders of PRIME, a liquid staking token, so retail wallets can hold a claim on credit that was previously funded by banks and accredited investors. It launched on Solana and added tokenized auto loans in April 2026 alongside the home equity portfolios it started with, with an extension to Ethereum-compatible chains targeted for June 2026. A consortium announced on 4 December 2025 to support PRIME includes Kamino Finance, Chainlink, Raydium, Privy and Gauntlet, covering lending markets, price data, liquidity, wallets and risk parameters. Because the collateral is Figure's own underwriting, the protocol converts a single lender's credit book into a DeFi yield instrument, which concentrates originator risk rather than diversifying it.

Products and services

PRIME
Liquid staking token whose return comes from lending against pools of tokenized Figure home equity and auto loans.
Tokenized loan pools
Onchain pools holding Figure-originated consumer credit recorded on Provenance Blockchain, from which yield is routed to PRIME holders.

No development naming Hastra has yet been filed against a primary source. The register entry stands so the institution, its jurisdiction and its products are on the record.

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