Figure Technology Solutions confidentially filed for an equity IPO under a new SEC clause, joining a rising wave of crypto firms entering public markets as industry momentum builds.
Figure Technology Solutions has filed a confidential IPO filing with the SEC for an equity offering expected in 2025. The filing, enabled by a new SEC clause, leaves share count and pricing undetermined. The company, known for its blockchain-based financial services including RWA tokenization via its Provenance Blockchain, recently surpassed $30 billion in onchain loans and secured a $60 million Series A round. This development reflects a broader trend of crypto firms, including Circle, Grayscale, and Bullish, moving into traditional public markets.