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Crypto IPO Watch: OKX, TRON, Gemini Among Firms Planning To Go Public
Yahoo Finance·2025-10-30 20:17

Figure Technology Solutions Inc., a blockchain-based credit company, has filed for an initial public offering on Nasdaq.Gemini also disclosed a 75millioncreditdealwithRipple,underscoringtieswithinthecryptosector.Foundedin2014,theexchangehasemphasizedcomplianceandsecurityasitcompeteswithCoinbaseanddecentralizedfinanceplatforms.Despitegrowth,thecompanyremainsunprofitable,reportinga75 million credit deal with Ripple, underscoring ties within the crypto sector. Founded in 2014, the exchange has emphasized compliance and security as it competes with Coinbase and decentralized finance platforms.Despite growth, the company remains unprofitable, reporting a 282.5 million net loss in H1 2025, following a $158.5 million loss in 2024, when revenue i ...