Figure Technology Files for 2025 IPO, Joining Crypto Market Wave

BTCC / BTCC Square / Global Cryptocurrency /

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2025-08-05 02:29:02

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Figure Technology Solutions, led by SoFi co-founder Mike Cagney, has confidentially submitted a draft registration statement with the SEC for a proposed 2025 IPO. The blockchain-based financial infrastructure firm, which offers mortgage lending and operates a crypto exchange, joins a growing list of digital asset companies entering public markets.

The MOVE reflects broader institutional adoption as the crypto sector approaches $4 trillion in valuation. BitGo, Circle, and Gemini are among other firms advancing IPO plans amid a favorable U.S. regulatory climate. Figure's lending volume has shown significant growth since its 2018 founding, though specific metrics remain undisclosed.

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