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Blockchain-Based Lender Figure Files Confidentially for US IPO
Blockchain-based credit company Figure Technology Solutions Inc. has filed confidentially for an initial public offering, making it the latest crypto-related firm to take part in the industry’s aggressive push into public markets. The number of shares to be offered and the price range for the proposed offering have not yet been determined, according to a statement Monday. Figure was working with banks including Goldman Sachs Group Inc., JPMorgan Chase & Co. and Jefferies Financial Group Inc. in 2023 on an IPO for its lending arm, Bloomberg News reported at the time. Figure was co-founded in 2018 by Mike Cagney, who ... (full story)
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