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Figure Technologies IPO Filing Shows Strong Growth in Blockchain Lending
Figure Technologies IPO Filing Shows Strong Growth in Blockchain Lending
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BTCCSquare news:
Figure Technologies, a blockchain-powered consumer lending platform, has filed for an initial public offering with reported revenues of $191 million. The filing reveals a 22% year-over-year growth trajectory, signaling robust adoption of decentralized finance solutions in traditional markets.
The IPO move comes as institutional interest in blockchain infrastructure grows, particularly for platforms bridging real-world financial services with distributed ledger technology. Figure's lending model leverages blockchain for loan origination and securitization, demonstrating the technology's expanding use cases beyond cryptocurrency trading.
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