📅 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?
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