Figure Technology joins crypto IPO wave with SEC filing
Figure Technology Solutions, a blockchain-focused fintech firm, has confidentially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), aiming to raise capital through traditional markets.
The company filed a draft registration for an equity securities offering expected in 2025. Details such as the number of shares and price range remain undisclosed and will depend on market conditions and the SEC’s review process.
The filing was submitted under a clause allowing confidential submissions ahead of a public announcement.
Crypto IPOs gaining traction
Figure joins a growing list of crypto-related firms moving toward public listings — a trend that signals deeper integration between digital assets and traditional finance. Going public opens access to broader funding channels, including public stock offerings, a path already taken by companies like Michael Saylor’s MicroStrategy.