Figure Technology Increases IPO Size, Total Deal May Hit $800M
Figure Technology answers, a blockchain-based loan company, has its initial public offering (IPO) much largeger. The overall deal value might exceed $800 million. The company has changed the pricing range for its IPO from $18–$20 per share to $20–$22 per share. This change raises the possible proceeds from the primary offering to $689 million, which shows that there is a lot of interest in Figure’s new financial answers on the market.
Figure is offering 26.6 million shares of Class A common stock in the . There are also 4.85 million shares from tradeing stockholders, for a total of 31.5 million shares. If underwriters use their 4.7 million-share overallotment option to the fullest, the deal may be worth $796 million. Figure will only make money from tradeing its primary shares; the money from tradeing secondary shares will go to current shareholders.
How To Use IPO Proceeds Wisely
Figure aims to use the money it raises to improve its and its technology infrastructure. Improving Figure Connect, its loan origination tool, and expanding Dart, an on-chain lien and eNote registry, are two of its most significant goals.Â
The company also wants to improve its digital asset platforms and build more infrastructure for YLDS, its -registered interest-bearing stablecoin that is meant to be a compliant alternative to existing stablecoins. Also, some of the money raised will be used to pay off debts, which will provide Figure more financial freedom.
Market Position and Financial Performance
Figure made $29 million in net income in the first half of 2025. As of June 30, 2025, the company’s total shareholders’ equity was $404 million. Even though it has a total of $292 million in debt, the company’s concentration on blockchain-based financial answers has made investors quite confident.
Figure’s strategic moves fit with the trend of more and more blockchain and crypto-related IPOs, like Gemini’s recent IPO that raised its value to $3 billion.
More Effects of Blockchain on Finance
The fact that Figure’s IPO is getting largeger shows how blockchain technology is changing the way financial services work. Figure is in a excellent position to take advantage of the changing digital financial ecosystem by using blockchain for precise and quick loan options. The company’s ambitious objectives show a strong commitment to innovation as it gets ready to go public. This might set a standard for other IPOs in 2025.
