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Figure Technology Files for Nasdaq IPO Amid Crypto Boom

8/20/2025

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Summary

Story summary

Figure Technology Solutions has filed for an IPO in the U.S. to list on Nasdaq as "FIGR."
The company reported $191 million in revenue for the first half of 2025, a 22% increase, with a profit of $29 million.
This IPO reflects a trend of crypto companies pursuing public listings in favorable market conditions.
Major banks, including Goldman Sachs and Bank of America, will underwrite the IPO, aiming to raise substantial funds.

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Story summary

Figure Technology Solutions has filed for an IPO in the U.S. to list on Nasdaq as "FIGR."
The company reported $191 million in revenue for the first half of 2025, a 22% increase, with a profit of $29 million.
This IPO reflects a trend of crypto companies pursuing public listings in favorable market conditions.
Major banks, including Goldman Sachs and Bank of America, will underwrite the IPO, aiming to raise substantial funds.