Figure Stock Surges In Nasdaq Debut After $787 Million IPO

Blockchain lender Figure soars 30% after Nasdaq debut, nears $6 billion valuation

The IPO is the latest public offering from a crypto company.

Blockchain lender Figure pops in public debut as crypto IPO momentum continues: CNBC Crypto World

On today's episode of CNBC Crypto World, major cryptocurrencies traded higher as investors anticipated that the latest reading of a key consumer inflation gauge won’t interfere with the Federal Reserve lowering rates next week. Plus, blockchain lending firm Figure debuts on the Nasdaq. And, Kyle Samani of Multicoin Capital discusses the firm's more than $1.5 billion deal to create a Solana treasury company.

Shares of Blockchain Lender Figure Surge 24% Higher In First Day On Nasdaq

Shares of blockchain lender Figure opened at $36, about 44% higher in first-day trading, on Thursday in the company’s initial public offering, marking another public debut from a fintech this week.

Figure Technology Shares Jump 44% After $787.5 Million IPO

Shares of Figure Technology Solutions Inc. closed 24% above their IPO price after a listing raising $787.5 million, as the blockchain-based credit company joined a cohort of crypto firms in embracing public markets.

Figure Stock Surges In Nasdaq Debut After $787 Million IPO

The home equity lender and stablecoin issuer launched its first day of trading as a public company, after raising both the size of its initial public offering and its price.

Weighing Figure’s growth potential after Nasdaq debut

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Figure went public yesterday, and Gemini was set to follow suit today. Somewhat related (you’ll see), we were reminded of how the biggest asset managers could help fuel a tokenization boom.  Let’s hone in on Figure, which just debuted on the Nasdaq. Shares of FIGR opened at $36 on Thursday — 44% above its $25 IPO price. The stock was trading around $33.20 a…