Blockchain Lender Figure Targets Nasdaq IPO Under ’FIGR’—Joins Crypto’s Hot Listing Frenzy

Another crypto player muscles into Wall Street's playground.

Figure—the blockchain-based lending platform—just filed to go public on Nasdaq under the ticker 'FIGR,' riding the wave of crypto firms chasing legitimacy (and liquidity) through traditional markets. Because nothing screams decentralization like a 9-figure IPO.

Why This IPO Matters

It’s not just about Figure. This filing is another stress test for Wall Street’s appetite for crypto-native businesses post-ETF boom. Will institutional investors bite—or is this another case of 'looks innovative on a pitch deck'?

The Cynical Take

Nothing bridges the gap between DeFi purists and suit-and-tie finance quite like the smell of fresh IPO cash. Bonus points if the S-1 mentions 'blockchain' more times than actual revenue.