Coinspeaker

Sep 11, 2025

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Figure Technology Solutions Sets IPO Price at $25, Valued at $5.3B

Figure Technology Solutions, a blockchain lending company, has priced its initial public offering (IPO) at $25.00 per share for 31.5 million shares of Class A common stock. Trading on the Nasdaq Global Select Market under the ticker 'FIGR' begins September 11, 2025, with the offering closing on September 12, subject to conditions.

• The IPO includes 23,506,605 shares from Figure and 7,993,395 from existing stockholders.
• Figure will not receive any proceeds from shares sold by selling stockholders.
• Underwriters have a 30-day option to buy an additional 4.7 million shares at the IPO price.

The final IPO price exceeds initial estimates of $20-$22 per share, valuing Figure at approximately $5.3 billion with over 211 million shares expected outstanding post-offering.

Figure joins the 2025 crypto IPO wave alongside firms like Coinbase and Circle. The company operates a blockchain-native marketplace, reportedly the largest non-bank provider of home equity financing, with over $16 billion in loans originated.

The IPO is managed by Goldman Sachs, Jefferies, and BofA Securities.