Blockchain lending platform Figure Technologies, founded by former SoFi co-founder Mike Cagney, has officially filed its initial public offering (IPO) prospectus with the Securities and Exchange Commission (SEC). The company seeks to raise $787.5 million through an IPO price of $25 per share. Figure’s Class A shares will begin trading on the Nasdaq under the ticker symbol ‘FIGR’ today, September 11th. The offering consists of a total of 31.5 million shares; 23.5 million from Figure itself and 8 million from existing shareholders. The company may sell an additional 4.7 million shares if underwriters exercise their right to purchase more stock. This offering was initially valued at $526 million before a recent adjustment to the IPO size.