Reported about 11 hours ago
Figure Technology, a blockchain lender, successfully raised $787.5 million through its U.S. IPO, with shares priced at $25, surpassing earlier estimates. This marks a significant moment as it joins a growing number of crypto firms benefiting from regulatory support and a favorable market environment, pushing its valuation to $5.29 billion. The company aims to streamline home loan processes using blockchain technology, significantly reducing funding times.
Source: YAHOO