Blockchain Lender Figure Files Confidentially for U.S. IPO Amid Crypto Market Surge

Figure Technologies, a blockchain-based lending platform, has confidentially submitted an S-1 filing with the U.S. Securities and Exchange Commission for an initial public offering. The MOVE positions Figure among a growing list of crypto-related firms seeking public listings as institutional interest in digital assets accelerates.

The offering is slated for the second half of 2025, though key details including share quantity and pricing remain undetermined. 'The offering is subject to market conditions and SEC review,' the company stated, mirroring the cautious Optimism permeating the crypto space.

This development follows Circle's recent IPO filing and coincides with heightened regulatory clarity under the Trump administration. The confidential filing strategy suggests Figure is navigating the volatile crypto markets with measured precision, typical of firms bridging traditional finance and decentralized technologies.