Figure IPO: Figure Technology Solutions has filed to go public on Nasdaq, seeking roughly $400 million. The offering positions Figure as the first blockchain-native lender pursuing a U.S. IPO, led by CEO Mike Cagney and backed by major underwriters.
Figure files for a Nasdaq IPO to raise about $400 million.
Figure positions itself as the first blockchain-native lender to seek a U.S. public listing.
Reported H1 2025 profit of $29 million; underwriters include Goldman Sachs, Jefferies, BofA Securities.
Figure IPO: Figure Technology Solutions files for Nasdaq IPO to raise $400M; first blockchain lender public listing — read the impact on capital markets now.
What is the Figure IPO?
Figure IPO refers to Figure Technology Solutions’ filing to list on Nasdaq, aiming to raise approximately $400 million. The company is presented as a blockchain-native lender led by founder and CEO Mike Cagney, and the filing highlights Figure’s intent to scale blockchain-based capital market solutions into public markets.
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Figure’s proposed IPO size is approximately $400 million, per the company’s SEC filing. Underwriters named in the filing include Goldman Sachs, Jefferies, and BofA Securities, reflecting institutional support for the transaction. The filing and underwriter roster are noted in public SEC documentation (SEC Filing).
Figure’s public filing signals a milestone for blockchain use cases in traditional finance. As a company built around blockchain-native lending infrastructure, the IPO tests investor appetite for tokenized and blockchain-driven capital market products.
Figure reported a $29 million profit in H1 2025, reversing prior losses, which supports the firm’s valuation narrative. SEC Filing and company disclosures supply the financial figures cited.
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Source: https://en.coinotag.com/figures-nasdaq-ipo-could-boost-blockchain-lenders-role-in-finance-may-seek-400-million/