FinTech

We're captivated by the dazzling applications of DeFi—the sleek exchanges, the algorithmic lending pools, the complex yield strategies. But we often overlook the bedrock upon which they are all built: truth.

Without reliable, real-world data, the smartest contract is blind. For too long, this critical layer has been the weakest link, dependent on slow, manipulable data feeds.

This is why the work being done by Pyth Network is so pivotal. They aren't just building another oracle; they are constructing the truth layer for global finance.

Think about it: What if the data powering a multi-billion dollar protocol came not from a scrape of a website, but directly from the source? From the trading desks of Virtu and SIG, from the order books of Binance and OKX? That’s the Pyth model. It’s about moving from aggregated data to authentic data.

This shift unlocks a new tier of financial products. It’s not just about crypto prices anymore. Imagine on-chain derivatives for commodities, macro-economic indices, and custom institutional feeds—all powered by verifiable, high-fidelity data.

The $PYTH token aligns the ecosystem, rewarding those who contribute quality data and giving stakeholders a voice in the network's future.

As we look toward a future where trillions of dollars of traditional assets move on-chain, the demand for a robust, scalable, and trustworthy data layer becomes non-negotiable. Pyth isn't just participating in this future; it's laying the groundwork for it.

📅 September 11 | New York
Figure Technologies, the fintech company specializing in lending and blockchain solutions, has just achieved what many doubted: its IPO in the US garnered significant investor interest, raising 36% of its shares and reaching a valuation of over $7 billion.

📖 The company, known for using blockchain in mortgage and financial loan processing, debuted on the market with a public offering that attracted both institutional funds and retail investors.
With the transaction, Figure consolidated its position as one of the largest fintech IPOs of the year, reflecting Wall Street's growing confidence in business models that integrate asset tokenization and decentralized finance applied to lending.
Key facts:
36% of the company's share capital remained publicly outstanding.The IPO brought Figure's valuation to over $7 billion.The company seeks to expand its lending and tokenization services, in addition to exploring new blockchain-based financial products.
The success of the offering represents a direct endorsement of the financial blockchain sector, at a time when the narrative of institutional adoption and credit modernization is gaining traction in the face of still-uncertain regulations in the US.
Analysts emphasize that this IPO could become a benchmark for future tokenization and lending companies, which until recently seemed too risky to go public.

Topic Opinion:
The most significant aspect of this debut is how tokenization is no longer an experiment but is beginning to be validated by traditional markets. Figure isn't just raising capital: it's opening the door for more fintechs with crypto DNA to dare to make the leap to Wall Street.
💬 Do you think more blockchain startups will follow Figure with multi-million-dollar IPOs?

Leave your comment...
#blockchain #IPO #fintech #Tokenization #CryptoNews $ETH

The fintech world is witnessing another milestone. Figure Technologies, a blockchain-based lending platform founded by SoFi co-founder Mike Cagney, has priced its initial public offering (IPO) at $25 per share. This move is set to raise up to $787.5 million and marks the company’s debut on the Nasdaq under the ticker “FIGR.”

IPO Worth Hundreds of Millions
The offering includes a total of 31.5 million shares:
About 23.5 million newly issued by Figure.Another 8 million sold by existing shareholders.If underwriters exercise their options, the total could rise to 36.2 million shares.
The offering is expected to close on September 12, subject to customary conditions.

Largest Non-Bank Mortgage Provider
Figure Technologies is no newcomer to the market. The firm already ranks among the largest players in digital mortgages, having originated more than $16 billion in loans. Leveraging blockchain infrastructure, Figure streamlines processes and reduces costs, securing its position as a leader in financial innovation.

Backed by Wall Street Giants
The IPO is being led by Goldman Sachs, Jefferies, and BofA Securities, with additional underwriters including Société Générale, Stifel, and Mizuho. Their participation underscores the confidence global financial institutions have in Figure’s growth potential.

A New Era for FIGR
With this listing, Figure Technologies joins the ranks of fintech firms trading on Nasdaq. A successful debut is expected to strengthen its ability to expand and cement its role as a leader in blockchain-powered finance.
For investors, this IPO offers a rare opportunity to be part of the transformation of traditional lending models through innovations that connect capital markets with decentralized technology.

#NASDAQ , #blockchain , #fintech , #Investing , #CryptoNews

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