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Figure seeks $526 million valuation in U.S. IPO as blockchain lender joins market rush
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Figure seeks $526 million valuation in U.S. IPO as blockchain lender joins market rush
Sep 2, 2025 6:49 AM

Sept 2 (Reuters) -

Blockchain lender Figure Technologies and its selling

shareholders aim to raise up to $526.32 million in a U.S.

initial public offering, the company said Tuesday, as market

optimism drives a wave of new listings.

The company plans to sell 21.46 million shares, while the

selling shareholders will offer 4.85 million shares, at an

indicative price range of $18 to $20 per share.

A buoyant equity market and strong recent debuts have helped

restore investor confidence in new listings.

On Tuesday, Swedish

fintech Klarna

and

Gemini, the cryptocurrency exchange backed by the Winklevoss

twins

, also launched roadshows.

Goldman Sachs, Jefferies and BofA Securities are the lead

underwriters. Figure will list on the Nasdaq under the symbol

"FIGR".

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