{"id":40398,"date":"2025-08-04T19:31:49","date_gmt":"2025-08-04T19:31:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40398"},"modified":"2025-08-04T19:31:49","modified_gmt":"2025-08-04T19:31:49","slug":"blockhain-based-loans-firm-figure-files-confidential-submission-for-ipo","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40398","title":{"rendered":"Blockhain-Based Loans Firm Figure Files Confidential Submission for IPO"},"content":{"rendered":"<div>\n<p>Figure Technology Solutions <a href=\"https:\/\/www.figure.com\/newsroom\/announcement\/figure-announces-confidential-submission-of-draft-registration-statement-for-proposed-ipo\/\">said<\/a> on Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) to go public later this year.<\/p>\n<p>Figure is joining a growing list of digital asset firms aiming to go public, seeking capitalizing on the booming cryptocurrency and stock markets and recent U.S. regulatory advancements after Donald Trump took office with a pro-crypto agenda. Earlier this year, USDC (USDC) stablecoin issuer Circle (CRCL) had a blockbuster debut on the Nasdaq, with shares zooming to $300 from the IPO priced at around $30. Custodian <a href=\"https:\/\/www.coindesk.com\/business\/2025\/07\/21\/bitgo-files-to-go-public-as-crypto-market-surges-past-usd4-trillion\">BitGo<\/a>, asset manager <a href=\"https:\/\/www.coindesk.com\/business\/2025\/07\/14\/grayscale-files-confidential-submission-for-ipo-with-sec\">Grayscale<\/a> and exchange operator and CoinDesk owner <a href=\"https:\/\/www.coindesk.com\/business\/2025\/08\/04\/crypto-exchange-bullish-seeks-to-raise-up-to-usd629m-in-new-york-share-sale\">Bullish<\/a> filed for IPOs as well.<\/p>\n<p>Figure, founded by former SoFi CEO Mike Cagney, has played a key role in the red-hot real-world asset (RWA) sector, originating over $16 billion in home equity lines of credit using the Provenance Blockchain. The firm last month <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250715274148\/en\/Figure-Technology-Solutions-and-Figure-Markets-Merge-to-Transform-Capital-Markets-via-Blockchain\">announced a merger<\/a> with Figure Markets, the blockchain-based marketplace also founded by Cagney and issuer of a yield-bearing stablecoin that operates as a tokenized money market fund (YDLS).<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/08\/04\/dcg-s-barry-silbert-returns-to-grayscale-as-chairman\">DCG\u2019s Barry Silbert Returns to Grayscale as Chairman Amid IPO Push<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Figure Technology Solutions said on Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) to go public later this year. Figure is joining a growing list of digital asset firms aiming to go public, seeking capitalizing on the booming cryptocurrency and stock markets and recent U.S. regulatory advancements after Donald [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40398","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40398"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40398\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}