Blockchain lender Figure soars 30% after Nasdaq debut, nears $6 billion valuation
Yahoo Finance·2025-09-12 02:37

Blockchain lender Figure Technology is the latest crypto company to go public. On Thursday, Figure debuted on the Nasdaq after raising 787.5millioninitsIPO.Thecompanysshareslistedat787.5 million in its IPO. The company’s shares listed at 25 but soared almost 30% to trade at 32Thursdayafternoon.Thatmeansthecompany,whosetickerisFIGR,istradingatabouta32 Thursday afternoon. That means the company, whose ticker is FIGR, is trading at about a 6 billion valuation. Founded in 2018, Figure’s business centers around putting mortgages on the blockchain, which the company says speeds up the granting and funding of home loans. From ...

Blockchain lender Figure soars 30% after Nasdaq debut, nears $6 billion valuation - Reportify