CryptoWorld News reports that on April 7th, Bernstein analysts stated that the blockchain-based lending platform Figure Technology Solutions, which went public last year, may currently be undervalued due to accelerated loan issuance and an expanding tokenized credit market. Bernstein released a report on Monday giving Figure a "Market Outperform" rating with a target price of $67—almost double its recent trading level (around $32). The bullish outlook is driven by a surge in lending activity. In March, Figure issued $1.2 billion in loans, a 33% increase from the previous month, marking the first time monthly loans exceeded $1 billion.