# Figure Heloc (FIGR_HELOC) Quantum Readiness Report

> Figure Heloc has a QRI score of 8.98/100 and is assessed at Stage 1 (Quantum Risk Assessed) with medium evidence confidence.

Evaluation date: 2026-06-02. Review status: draft. Evaluated scope: Tokenized RWA (HELOC portfolio) native to Provenance L1; inherits host chain cryptographic properties with no independent cryptographic namespace. Evaluation covers inherited Provenance L1 quantum exposure..

FIGR_HELOC is a tokenized real-world asset (HELOC portfolio) native to the Provenance Blockchain (Cosmos SDK/CometBFT PoS Layer 1). The token has no independent cryptographic namespace and fully inherits Provenance's quantum exposure. Provenance uses secp256k1 for user transaction spend authorization and ed25519 for validator consensus signatures—both classical ECC schemes vulnerable to Shor's algorithm. No PQC or hybrid-PQC protection is deployed on mainnet. Figure Technologies acknowledged quantum risk in its August 2025 SEC prospectus, and the Provenance whitepaper lists 'Quantum-Resistant Protocol Evolution' as a long-term (24-36 months) vision item with no specific algorithms, implementation plan, or governance proposal. All on-chain FIGR_HELOC ownership and settlement remains quantum-vulnerable. The project is assessed at Stage 1 (Quantum Risk Assessed) with a QRI Score of 19/100. The score is capped by the Stage 1 limit (20) and reflects risk acknowledgment with minimal production protection credit for quantum-safe SHA-256 state-integrity mechanisms. The token's 'digital twin' design with off-chain legal documentation provides potential off-chain recoverability but does not constitute quantum resistance or protect on-chain settlement from quantum-enabled forgery or theft.

## Core resources

- [Figure Heloc QRI report](https://qrindex.org/projects/figure-heloc/): Human-readable assessment with score, stage, evidence, blockers, risks, and assurance notes.
- [Figure Heloc structured report data](https://qrindex.org/projects/figure-heloc/report.json): Complete report as JSON for deterministic machine processing.
- [QRI methodology](https://qrindex.org/methodology/): Scoring model, evidence handling, readiness stages, confidence, assurance, and report status.
- [All QRI project reports](https://qrindex.org/llms.txt): Score-ranked index of every published project assessment.
- [Figure Heloc official website](https://www.figure.com): Project-maintained website.



## Evidence sources

- [Evidence source 1](<https://www.sec.gov/Archives/edgar/data/2064124/000162828025040673/ftintermediateinc-sx1.htm>): Public source cited by the Figure Heloc QRI assessment.
- [Evidence source 2](<https://provenance.io/Provenance-Blockchain-Whitepaper.pdf>): Public source cited by the Figure Heloc QRI assessment.
- [Evidence source 3](<https://github.com/provenance-io/provenance>): Public source cited by the Figure Heloc QRI assessment.
- [Evidence source 4](<https://developer.provenance.io/docs/pb/blockchain/basics/accounts/>): Public source cited by the Figure Heloc QRI assessment.
- [Evidence source 5](<https://github.com/cosmos/cosmos-sdk-docs/blob/main/docs/learn/beginner/03-accounts.md>): Public source cited by the Figure Heloc QRI assessment.
- [Evidence source 6](<https://docs.cosmos.network/cometbft/latest/spec/core/encoding>): Public source cited by the Figure Heloc QRI assessment.
- [Evidence source 7](<https://www.coindesk.com/price/figrheloc>): Public source cited by the Figure Heloc QRI assessment.
- [Evidence source 8](<https://app.rwa.xyz/assets/FIGR_HELOC>): Public source cited by the Figure Heloc QRI assessment.
- [Evidence source 9](<https://developer.provenance.io/docs/pb/ecosystem/governance/>): Public source cited by the Figure Heloc QRI assessment.