US EditionFigure Joins Crypto IPO Rush With Nasdaq Listing Bid Under FIGR
Figure Technology Solutions reported $191 million revenue and $29 million net profit in H1 2025, marking a turnaround and positioning for growth in blockchain-based financial services.
- On August 18, 2025, Figure Technology Solutions, Inc. filed a Form S-1 with the SEC to pursue an IPO on Nasdaq under ticker FIGR.
- Amid a wave of digital finance listings, Figure’s move follows a confidential IPO filing earlier this year, as investor interest in crypto firms grows under President Donald Trump’s policies and after Circle’s June 5 debut.
- Reported data reveal Figure disclosed revenue of approximately $191 million for H1 2025, up 22.4% year-over-year, and a $29 million net profit, marking a turnaround.
- Goldman Sachs & Co. LLC, Jefferies and Bank of America Securities are acting as lead bookrunners, with analysts estimate the IPO could raise up to $400 million and require shareholder and regulatory approvals.
- Looking ahead, Figure plans to expand its product suite and strengthen its lending and capital markets infrastructure, with IPO proceeds expected to fund technology, customer acquisition, and international growth.
23 Articles
23 Articles
Blockchain lending startup Figure Technology files for IPO as revenue surges 22% - Tech Startups
Blockchain lender Figure Technology is stepping onto Wall Street, filing paperwork for an initial public offering (IPO) after a sharp jump in revenue and a swing to profitability in the first half of 2025. The New York–based startup reported revenue […] The post Blockchain lending startup Figure Technology files for IPO as revenue surges 22% first appeared on Tech Startups.
Figure's IPO filing marks Mike Cagney's return to public markets
Figure Technology, a seven-year-old blockchain-based lending company, has filed a registration statement with the SEC for an IPO of its Class A common stock. The filing offers a chance at vindication for Figure co-founder Mike Cagney.
Blockchain Lender Figure Technologies Preps for IPO as Tokenization Space ‘Maturing’ - WorldNL Magazine
Blockchain lender Figure Technologies may be joining the sizable list of firms in the industry making an initial public offering (IPO) in 2025.Figure filed the initial paperwork for an IPO earlier this week, reporting a 22% revenue surge to $191 million in the six months ending June 30, 2025 with a net income of $29.1 million.The New York-based company, founded in 2018, uses a blockchain-based platform to enable lending outside the traditional s…
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