Figure will quote 40% higher in its debut in Nasdaq marking another successful crypto


By Hannah Pérez

Figure Technology set the price of its initial public offer in USD $ 25, but some initial investors already sell for USD $ 35, according to reports. It joins the growing list of cryptocurrency companies that are made public this 2025.

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  • Figure Technology increased the size of its IPO at a price of USD $ 25 per share.
  • The company dedicated to Blockchain Punta loans to an assessment of USD $ 5.3 billion.
  • Some investors already sell shares at a price 40% above the IPO value.
  • It joins companies such as Circle and Bullish that have also had successful crypto this 2025.

Figure Technology Solutionsa financial technology company that specializes in credits Blockchainis ready to go to the stock market in the United States with numbers far superior to those initially established in its initial public offer (IPO).

After having established a price of USD $ 25 per share, it is reported that FIRGURE It will begin to quote your shares by 40% above after a successful collection of 787.5 million dollars, according to a report of Bloomberg This Thursday.

The company led by the co -founder of SofiMike Cagney, had announced last month his intention to launch Nasdaq, joining a growing cohort of cryptocurrency companies that seek to make public in the United States.

Earlier on Thursday, Figure Technology He announced an increase with respect to its estimated IPO range of 31,500,000 ordinary class A ordinary shares of between $ 20 and $ 22 per share, presented in a document before the Bag and Securities Commission (SEC). This change occurred after an increase the previous week to offer 26,315,789 shares at a range of between USD $ 18 and $ 20.

At the last price announced, the IPO of Figure It points to a higher value compared to the USD $ 693 million previously announced, which gives the company an assessment of approximately 5.3 billion dollars.

Figure joins Circle, Bullish, Galaxy and others

Now, the shares have shot at approximately USD $ 35 each, after the company and the sellers, including Ribbit capitalThey would sell millions of shares in the IPO with a range higher than the established one, he said Bloomberg.

The initial sale of sale of Figure It extends a success streak for cryptocurrency companies that have come to the stock market this year.

The 2025 has been a very active year for the IPO of companies related to cryptocurrencydriven by a bull market that has seen Bitcoin break new historical maximums of more than USD $ 124,000. This is partly due to a more favorable regulatory environment in the US, which has attracted institutional and retail investors.

Companies ETORO, Galaxy Digital, Circle and Bullish They also experienced outstanding premieres in Nasdaq and Nyse’s bags this year, with Circle and Bullish Seeing emergations of between 160% and 200% in the prices of their shares on the first day. Meanwhile, others like Gemini, Bitgo and Grayscale They pursue plans to debut on Wall Street within the coming weeks.

Until now, At least five of these companies have sought increases from their IPO before launcha common dynamic in hot markets that reflects a strong demand for investors. Yesterday we report that Gemini increased the size of its USD IPO $ 317 million to USD $ 433 million, pointing to an assessment of more than USD $ 3,000 million for the company.

Although not all have maintained the momentumsuch as the case of Bullish whose actions have cooled from the rebound of debut, In line with a recent broader prices correction in the cryptocurrency marketthe interest in the IPO of the industry is a sign of renewed institutional acceptance by the kind of assets.

Occupied week for crypts on Wall Street

The actions of Figure begin to quote on the Nasdaq Global Select Market Under the “Figr” symbol on Thursday. The offer is expected to be closed on September 12, subject to the usual closing conditions, the firm said in its statement.

According to Bloomberg, investors in the company include subsidiaries of DCMRibbit, Gemini Investments and Morgan Creek; with Goldman Sachs, Jefferies and Bofa leading the exit, and Société Générale, kbw and Mizuho Acting as book books.

The launch occurs in what will be the busiest of the year in the US market in terms of IPO volume, according to data compiled by Bloomberg. The next scheduled debut is the exchange of cryptocurrencies founded by Cameron and Tyler Winklevos, Gemini, which is expected to begin to quote Friday at all under the “Gemi” ticket.


Article written with the help of AI, edited by Diariobitcoin

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