
Figure Technology Solutions Files for US IPO as Crypto Lending Sector Gains Momentum
Blockchain-powered lending firm Figure Technology Solutions has submitted plans for an initial public offering (IPO) in the US, marking the latest crypto-related company to seek a public listing.
The New York-based firm aims to trade on Nasdaq under the ticker “FIGR,” with Goldman Sachs, Bank of America, and Jefferies Financial Group serving as lead underwriters. According to a Monday filing with the Securities and Exchange Commission (SEC), certain existing shareholders will also offload shares in the offering.
Earlier this month, Figure disclosed it had confidentially filed for an IPO, joining a wave of crypto firms looking to go public amid a favorable regulatory environment under the Trump administration. The move follows the high-profile debut of stablecoin issuer Circle Internet Group.
The filing comes on the heels of strong financial performance in the first half of 2025. The company reported revenue of nearly $191 million, a 22% year-over-year increase, while turning a $29 million profit—a significant improvement from a $13 million loss in the prior period.