{"id":6805,"date":"2025-08-05T12:39:17","date_gmt":"2025-08-05T12:39:17","guid":{"rendered":"https:\/\/bitunikey.com\/news\/blockchain-based-figure-confidentially-files-for-us-ipo-as-more-of-the-crypto-horde-goes-public\/"},"modified":"2025-08-05T12:39:25","modified_gmt":"2025-08-05T12:39:25","slug":"blockchain-based-figure-confidentially-files-for-us-ipo-as-more-of-the-crypto-horde-goes-public","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/blockchain-based-figure-confidentially-files-for-us-ipo-as-more-of-the-crypto-horde-goes-public\/","title":{"rendered":"Blockchain-based Figure confidentially files for US IPO, as more of the crypto horde goes public"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The Blockchain-based lender platform, Figure, is set to make its debut in the stock markets after filing for a U.S. initial public offering confidentially this week.<\/p>\n<div id=\"cn-block-summary-block_efedda6272a73b20eb9be5570c863702\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Blockchain-based lending platform Figure files S-1 form confidentially with the U.S. SEC.<\/li>\n<li>Figure becomes one of many crypto firms to file for a public listing on the market in the wake of the Trump administration\u2019s support for the crypto industry.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>In a recent Bloomberg <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-04\/blockchain-based-lender-figure-files-confidentially-for-us-ipo?srnd=phx-crypto\" target=\"_blank\">report<\/a>, it was revealed that the firm has filed for an initial public offering. However the filing was not made public as the company filed confidentially. A <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.businesswire.com\/news\/home\/20250804850108\/en\/Figure-Technology-Solutions-Inc.-Announces-Confidential-Submission-of-Draft-Registration-Statement-for-Proposed-Initial-Public-Offering\" target=\"_blank\">statement<\/a> made at the start of the week did not reveal much aside from the fact that the filing is for an S-1 Form with the U.S. Securities and Exchange Commission.<\/p>\n<p>The proposed initial public offering of its equity securities expected to take place sometime within the second half of 2025. According to the notice, the number of shares being offered as well as the price range for the proposed offering have yet to be determined.<\/p>\n<p>\u201cThe offering is subject to market and other conditions, as well as the completion of the SEC\u2019s review process,\u201d said Figure Technology Solutions in its written statement.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Figure becomes latest to join crypto firm IPO queue<\/h2>\n<p>Figure becomes the latest crypto-related firm to jump on the IPO bandwagon following Circle\u2019s IPO which went viral for generating significant interest. This shift in public listings also indicates that crypto firms are coming out of hiding and making the most out of the opportunity presented by the Trump administration\u2019s open support for the crypto industry.<\/p>\n<p>On June 6, Circle (USDC) made its debut on the stock market with a price that surged 120% from its initial offering.<\/p>\n<p>In fact, Circle increased the deal and began offering 34 million shares at $31 each, raising about $1.1 billion. The company was valued at $6.8 billion before trading even began.<\/p>\n<p>Around the same time as Figure, Peter Thiel-backed exchange Bullish has also filed for an IPO with the SEC. The exchange is targeting a valuation of up to $4.23 billion in its United States listing, according to crypto.news\u2019 report.<\/p>\n<p>In mid-July, the digital asset custodian BitGo confidentially <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.businesswire.com\/news\/home\/20250718826877\/en\/BitGo-Announces-Confidential-Submission-of-Draft-Registration-Statement-to-SEC-for-Proposed-Initial-Public-Offering\" target=\"_blank\">submitted<\/a> a draft registration statement on Form S-1 to the Securities and Exchange Commission for a proposed IPO of its Class A common stock.<\/p>\n<p>Other firms which have recently filed to list publicly include Grayscale and the Winklevoss\u2019 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.businesswire.com\/news\/home\/20250718826877\/en\/BitGo-Announces-Confidential-Submission-of-Draft-Registration-Statement-to-SEC-for-Proposed-Initial-Public-Offering\" target=\"_blank\">Gemini<\/a> among others.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Blockchain-based lender platform, Figure, is set to make its debut in the stock markets after filing for a U.S. initial public offering confidentially this week. Summary Blockchain-based lending platform&hellip;<\/p>\n","protected":false},"author":1,"featured_media":473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=6805"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6805\/revisions"}],"predecessor-version":[{"id":6806,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6805\/revisions\/6806"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/473"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=6805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=6805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=6805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}