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Blockchain lender Figure raises $787.5 million in US IPO
Stablecoin issuer Figure Technology, along with some of its existing investors, raised $787.5 million in a U.S. initial public offering on Wednesday, becoming the latest crypto firm to tap public markets as digital assets gain mainstream acceptance. A string of regulatory wins under a pro-crypto White House, corporate treasury adoption and inflows from exchange-traded funds have spurred listings from the sector, which recently surpassed a market value of $4 trillion. The New York-based company and certain existing investors sold 31.5 million shares at $25 each, above its previously increased range of $20 to $22 ... (full story)
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From channelnewsasia.com | Sep 11, 2025
Figure Technology was valued at $7.62 billion after its shares jumped 44 per cent in their Nasdaq debut on Thursday, adding to a run of strong first-day performances by crypto-linked firms as the digital-assets industry edges closer to the mainstream. The New York-based company's stock opened at $44 per share, compared with the offer price of $25. Figure ...
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 ...
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a seasonally adjusted basis in August, after rising 0.2 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.9 percent before seasonal adjustment. The index for shelter rose 0.4 percent in August and was ...
