Figure Technology Solutions, a fintech firm offering blockchain-based financial services like RWA tokenization and lending, confidentially filed an IPO with the SEC for a 2025 offering amid a surge in crypto IPO activity.
Figure Technology Solutions has confidentially submitted an IPO filing with the SEC for its equity offering expected in 2025, utilizing a new SEC clause for confidential filings. The company, noted for its blockchain-based services including lending and RWA tokenization on its Provenance Blockchain, surpassed $30 billion in on-chain loans following a $60 million Series A funding round. This move comes as crypto IPO activity gains momentum, with firms such as Circle, Grayscale, and Bullish also preparing for public market entries.