Figure Technology Solutions Raises $787.5 Million in IPO at $25 Per Share
Figure Technology Solutions, Inc., a company known for its blockchain-based lending and digital finance platform, has completed its initial public offering (IPO). The company sold 31.5 million shares of its Class A common stock at $25 per share, raising $787.5 million.
Following the offering, Figure is valued at approximately $5.3 billion. The company's shares are set to begin trading on the Nasdaq Global Select Market under the ticker symbol 'FIGR' on September 11, 2025.
This IPO marks Figure's entry to the public markets as interest in digital assets and blockchain-related firms grows among investors. The IPO pricing was set above earlier expectations, reflecting increased demand from the market.
Figure operates a platform that uses blockchain technology for lending, trading, and investing in consumer credit and digital assets.
Figure raised $787.5 million by selling 31.5 million shares at $25 each.
Figure will trade on the Nasdaq under the symbol 'FIGR.'
The company is valued at about $5.3 billion following the IPO.
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