Key Metrics
20.11
Heat Index-
Impact LevelMedium
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Scope LevelNational
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Last Update2025-09-12
Key Impacts
Positive Impacts (7)
Negative Impacts (1)
Event Overview
A blockchain financial platform focusing on Real World Assets (RWA) has raised significant capital through its U.S. Initial Public Offering and listed on Nasdaq. The company's valuation highlights the growing interest in blockchain-based financial infrastructure and its potential to transform traditional investment mechanisms.
Collect Records
Figure Technology, a Blockchain RWA Platform, Lists on Nasdaq
Figure Technology, a blockchain financial infrastructure platform focusing on Real World Assets (RWA), has listed on Nasdaq under the ticker symbol FIGR. It is the first RWA-focused platform to go public. The IPO was led by major Wall Street banks including Goldman Sachs and Bank of America Securities. Founded in 2018 by former SoFi CEO Mike Cagney, Figure's early investors include LM Ventures, DST Global, and DCM Ventures.
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.