Figure Technologies to Go Public with $4.1 Billion Valuation

Figure Technology Solutions, a blockchain-powered home equity lender, is set to launch an initial public offering (IPO) on the Nasdaq Stock Exchange. The company aims for a valuation of up to $4.1 billion and will offer 26.3 million shares under ticker FIGR. This IPO signifies growing institutional confidence in blockchain-based financial services, but has no immediate impact on broader cryptocurrency markets.