Key Metrics
14.51
Heat Index-
Impact LevelMedium
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Scope LevelNational
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Last Update2025-09-11
Key Impacts
Positive Impacts (7)
Negative Impacts (1)
Event Overview
The blockchain-based lender's successful IPO highlights the growing acceptance and integration of blockchain technology in the financial sector. This move underscores the potential for innovation in traditional lending and investment practices, driven by the promise of increased transparency and efficiency.
Collect Records
Figure Technologies Raises $787.5 Million in U.S. IPO
Figure Technologies, a blockchain-based HELOC lender, raised $787.5 million in its U.S. Initial Public Offering (IPO). The company priced its shares at $25 each, valuing the company at approximately $5.3 billion. The CEO of Figure Technologies emphasized the company's mission to transform investing by leveraging blockchain technology to replace traditional trust mechanisms with verifiable truth. The IPO is expected to open 36% higher.