Unleash the Blockchain Boom: Figure’s $7.6B IPO Ignites Market Fever!

Figure Technologies Soars in Nasdaq Debut, Highlighting Demand for Blockchain Innovators

On September 11, 2025, Figure technologies made a powerful showing on the Nasdaq exchange. This blockchain-driven consumer lending startup raised an impressive $787.5 million through it’s initial public offering (IPO). The IPO priced at $25 per share but opened at an eager $44 before settling around $31.

The debut signals Wall Street’s growing excitement about blockchain firms. With a valuation touching $7.62 billion, Figure Technologies exemplifies how blockchain can revolutionize traditional sectors.
Mike Cagney, the co-founder, notes that blockchain can streamline processes by eliminating intermediaries. “In the stock market, seven parties frequently enough mediate transactions,” explained Cagney. “Blockchain can reduce that substantially.”

Home equity Revolution: Rather than being a speculative venture, Figure aims to tackle practical issues, notably sluggish and pricey home equity loans. Utilizing blockchain, the company aims to shorten approval times to just 5 to 10 days – much faster than the usual 42 days in the U.S. By monitoring credit data securely, Figure offers openness though it must still establish a reliable long-term performance.