Figure is the last blockchain firm in subscribing a confidential IPO in the US

By Hannah Pérez

The Blockchain credits, Figure Technology Solutions, joined Bitgo and Grayscale when presenting a confidential IPO. It is part of a broader list of crypto companies that seek to make public in the US.

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• Figure Technology Solutions joins the IPO race.
• A growing number of cryptocurrency companies seek to launch this 2025.
• It is part of a broader acceptance to the active class and Trump’s support to the sector.
• Figure offers credit products in the US. Using AI and blockchain technology.

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Figure Technology Solutionsa financial technology company that specializes in credits Blockchainhas joined the company race of the digital asset industry that seek to make public in the United States.

In a press release on Monday, the company announced the confidential presentation of a draft registration declaration for an initial public offer (IPO) before the United States Stock Exchange and Securities Commission (SEC).

The number of shares that will be offered or the price range of the proposed offer has not yet been determined. The offer is subject to market and other conditions, as well as the completion of the sec review process, as reported.

Founded in 2018 by Mike Cagney, co -founder of Sofi, Figure It specializes in products such as credit lines with mortgage guarantee (Heloc), loans for household reforms and retirement financing solutions. It is Heloc’s largest non -bank supplier in the United States, having originated more than USD $ 16 billion in credit for hundreds of thousands of owners.

Figure use Blockchainartificial intelligence and advanced analysis to optimize the processes of origin of loans and capital markets, reducing costs and increasing transparency and efficiency.

Cryptos companies are looking for public departures in the US.

The announcement comes just when a growing number of American companies in the cryptocurrency industry and Blockchain They seek to quote their actions on the stock exchange. The interest of companies to become public is partly motivated by the perspective of regulatory clarity and support for the sector that the administration of President Donald Trump has offered.

Circleissuer of the Stablecoin USDC had a successful debut in the New York Stock Exchange in June, with the price of its CRCL shares up more than 200% in the launch. Since then, others industry companies such as Kraken, Gemini, Grayscale, Bitgo and Bullishthey have also presented the paperwork for an IPO before the regulators.

An IPO is the process through which a private company offers its actions to the public for the first time in a stock market. This makes the company a public company and allows it to raise capital through the sale of shares to institutional and retail investors. In the United States, this process requires the approval of the SEC.

Companies that submit confidential requests can maintain confidential financial details out of view of the public until they decide to move forward with an offer, generally revealing the prospect for 15 days before a tour begins, according to the REC rules. Bitgo and Grayscale They have presented confidential IPO in recent weeks.

Similar to other peers in the industry, Figure He has some time looking for a public departure in the US market. According to Bloombergthe firm was working with banks like Goldman Sachs, JPMorgan and Jefferies In 2023 in an IPO.

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Hannah Estefanía Pérez / Diariobitcoin

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