{"id":58745,"date":"2025-09-02T18:05:19","date_gmt":"2025-09-02T18:05:19","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/figure-technology-targets-526m-in-ipo-amid-crypto-listing-wave\/"},"modified":"2025-09-02T18:05:19","modified_gmt":"2025-09-02T18:05:19","slug":"figure-technology-targets-526m-in-ipo-amid-crypto-listing-wave","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/figure-technology-targets-526m-in-ipo-amid-crypto-listing-wave\/","title":{"rendered":"Figure Technology targets $526M in IPO amid crypto listing wave"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/image-2-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/image-2-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/image-2-smartcrop-750x375.webp\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/image-2-smartcrop-363x181.webp\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li data-start=\"209\" data-end=\"709\">Figure aims to raise $526M in IPO, valuing the blockchain lender at $4.3B.<\/li>\n<li data-start=\"209\" data-end=\"709\">IPO momentum grows as Gemini, Kraken, and Bullish drive the crypto listing wave.<\/li>\n<li data-start=\"209\" data-end=\"709\">Figure shifts from lending roots to blockchain finance, boosting investor interest.<\/li>\n<\/ul>\n<p data-start=\"209\" data-end=\"709\">Blockchain-focused lender Figure Technology Solutions is preparing to raise $526 million through its upcoming initial public offering (IPO), according to regulatory filings submitted Tuesday and reported by Bloomberg Law.<\/p>\n<p data-start=\"209\" data-end=\"709\">The company intends to sell 21.5 million shares priced between $18 and $20 each, with 4.9 million shares expected to come from existing holders.<\/p>\n<p data-start=\"209\" data-end=\"709\">At the high end of the price range, the IPO would assign the company a valuation of roughly $4.3 billion.<\/p>\n<p data-start=\"711\" data-end=\"1001\">Figure first signaled its public market ambitions last month when it filed confidentially with regulators, followed by a formal Securities and Exchange Commission (SEC) filing on August 18.<\/p>\n<p data-start=\"711\" data-end=\"1001\">The latest filings suggest the company is targeting September 10 for its IPO pricing date.<\/p>\n<p data-start=\"1003\" data-end=\"1316\">The firm\u2019s valuation has steadily increased since its 2021 Series D funding round, when it raised $200 million in a deal led by 10T Holdings that valued the company at $3.2 billion.<\/p>\n<p data-start=\"1003\" data-end=\"1316\">More recently, Figure reported financial momentum, with revenues reaching $191 million in the first half of 2025.<\/p>\n<h2 data-start=\"1318\" data-end=\"1373\">From consumer lending to blockchain infrastructure<\/h2>\n<p data-start=\"1374\" data-end=\"1753\">While Figure is now recognized for its blockchain-driven financial products built on the Provenance Blockchain, the company originally focused on consumer lending.<\/p>\n<p data-start=\"1374\" data-end=\"1753\">Its first offering was a digitized home equity line of credit for US homeowners, before expanding into blockchain infrastructure designed to streamline lending, securitization, and related processes.<\/p>\n<p data-start=\"1755\" data-end=\"2121\">By leveraging blockchain technology, Figure has positioned itself at the intersection of traditional finance and decentralized systems, aiming to deliver faster, more transparent, and cost-effective financial solutions.<\/p>\n<p data-start=\"1755\" data-end=\"2121\">This pivot has helped the company differentiate itself from fintech rivals while attracting investor interest in its long-term growth prospects.<\/p>\n<h2 data-start=\"2123\" data-end=\"2154\">Crypto IPO momentum builds<\/h2>\n<p data-start=\"2155\" data-end=\"2584\">Figure\u2019s listing effort comes as more crypto and blockchain firms move toward the public markets during the ongoing bull market cycle.<\/p>\n<p data-start=\"2155\" data-end=\"2584\">On Tuesday, the crypto exchange Gemini also filed for an IPO, seeking to raise $317 million.<\/p>\n<p data-start=\"2155\" data-end=\"2584\">Rival exchange Kraken is rumored to be pursuing a $500 million raise at a valuation of around $15 billion, though reports suggest it may delay its public debut until 2026.<\/p>\n<p data-start=\"2586\" data-end=\"2971\">Meanwhile, several high-profile listings have already set a precedent this year.<\/p>\n<p data-start=\"2586\" data-end=\"2971\">In August, digital asset exchange operator<a href=\"https:\/\/invezz.com\/news\/2025\/08\/13\/bullish-ipo-raises-1-1b-valuation-climbs-to-5-4b-in-nyse-debut\/\"> Bullish launched its IPO<\/a> with shares priced at $37, soaring as much as 218% on its first trading day.<\/p>\n<p data-start=\"2586\" data-end=\"2971\">Despite a pullback, Bullish still maintains a market capitalisation of roughly $9.6 billion, up from its IPO valuation of $4.8 billion.<\/p>\n<p data-start=\"2973\" data-end=\"3210\">Similarly, stablecoin issuer <a href=\"https:\/\/invezz.com\/news\/2025\/06\/17\/circle-shares-surge-400-after-ipo-arthur-hayes-warns-of-looming-bubble\/\">Circle completed an IPO<\/a> that raised about $1.1 billion, with shares more than doubling on the first day of trading. The company now commands a market capitalization of approximately $30 billion.<\/p>\n<p data-start=\"2973\" data-end=\"3210\">Gemini, Cameron and Tyler Winklevoss\u2019 crypto exchange also readying for its public debut, with <a href=\"https:\/\/coinjournal.net\/news\/crypto-exchange-gemini-seeks-2-2b-valuation-in-ipo-backed-by-wall-street-heavyweights\/\">the firm aiming to raise $317 million<\/a> at a valuation of $2.2 billion.<\/p>\n<p data-start=\"3212\" data-end=\"3497\">Beyond traditional IPOs, the industry is exploring alternative routes.<\/p>\n<p data-start=\"3212\" data-end=\"3497\">A group of crypto executives recently launched Bitcoin Infrastructure Acquisition Corp, a Cayman Islands-based special purpose acquisition company (SPAC) targeting a $200 million raise through an IPO.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/figure-technology-targets-526m-in-ipo-amid-crypto-listing-wave\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Figure aims to raise $526M in IPO, valuing the blockchain lender at $4.3B. IPO momentum grows as Gemini, Kraken, and Bullish drive the crypto listing wave. Figure shifts from lending roots to blockchain finance, boosting investor interest. Blockchain-focused lender Figure Technology [&hellip;]<\/p>\n","protected":false},"author":3947362390,"featured_media":58746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58745"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362390"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=58745"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/58746"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=58745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=58745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=58745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}