Figure Technology is looking for a stock market of $ 526 million

Blockchain -based loan technology solutions aim to collect $ 526 million in its first public public call (IPO), highlighting the growing trend of crypto and blockchain companies that pursue public announcements in the middle of the Haussier market.

According to regulatory documents submitted Tuesday and reported by Bloomberg LawThe figure plans to sell 21.5 million shares in the range from $ 18 to $ 20, with 4.9 million shares that should be sold by existing holders. At the upper end of the range, the IPO would appreciate the company at around $ 4.3 billion.

First figure revealed his public ambitions Last month, when he filed in any configuration with regulators, followed by an official commission of securities and exchanges (dry) Deposit on August 18. The latest deposits indicate that the company aims on September 10 as a pricing date for its IPO.

The company’s assessment has increased since 2021 when A 200 million dollars series Directed by 10T Holdings estimated it at $ 3.2 billion. Recent finances show momentum, with income climbing $ 191 million in the first half of this year.

Although the figure is now best known for its financial products based on the blockchain built on the blockchain of the provenance, its origins were in consumer loans. The company’s first offer was a digital digital credit line for American owners, before developing in blockchain infrastructure to improve loans and securitization.

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Crypto iPo Rush continues

The figure is one of the many blockchain companies that are moving towards a public list. As Cointelegraph reportedThe Crypto Exchange Gemini asked for an IPO Tuesday, in order to raise up to $ 317 million.

Another Kraken exchange Rumors would continue to increase $ 500 million An assessment of around $ 15 billion, with reports suggesting that the company could be published public in 2026.

In August, the Haussiers digital asset exchange operator organized successful beginnings, with actions at a price of $ 37 Arrows up to 218% the first day of negotiation.

Before the offer, the company has lifted Evaluation of stock exchange to $ 4.8 billion In the midst of a strong institutional demand. Even after the initial cooling, Haussier still commands an assessment of approximately $ 9.6 billion.

This registration occurred in the heels of the Introduction on the Stablecoin Stable Circle, which made it possible to collect around 1.1 billion dollars and saw its stock more than the first day. Circle now offers a market capitalization of around $ 30 billion.

At the same time, industry players explore alternative routes to public procurement. Several Crypto leaders have joined forces to launch Bitcoin Infrastructure Acquisition CorpAn acquisition company for special use based in Cayman (SPAC) targeting an increase of $ 200 million thanks to an IPO.

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