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Blockchain lender Figure valued at $7.6 billion as shares jump in Nasdaq debut
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 and some of its backers raised $787.5 million in an upsized IPO by selling 31.5 million shares, pricing above a previously increased range of $20 to $22 apiece. U.S. IPOs are set to have their busiest week since 2021, as record-high equity markets encourage a broad ... (full story)
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From finance.yahoo.com | Sep 11, 2025
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 ...
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 ...
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