Figure Technology Solutions Files for Nasdaq IPO Under Ticker FIGR
Figure Technologies has filed for an IPO in 2025, reporting strong revenue growth and profitability while dominating tokenized private credit with its Provenance blockchain.
All ten provided sources, including highly credible financial news outlets like Reuters, Bloomberg, and specialized IPO-tracking sites like Renaissance Capital and IPOScoop, unanimously and explicitly confirm that Figure Technology Solutions has filed for an initial public offering (IPO) on the Nasdaq exchange under the ticker symbol 'FIGR'. The evidence is overwhelming and without contradiction.
Figure Technologies filed preliminary documents for an IPO expected in 2025, with Goldman Sachs, Jefferies, and Bank of America leading the offering. The blockchain lending firm posted $191 million in revenue, up 22%, and $29.1 million net income in the first half of 2025. Founded in 2018, it has processed more than $16 billion in home loans and is the largest non-bank provider of home equity credit in the U.S. Its Provenance blockchain holds 70% of the tokenized private credit market, securing over $11 billion in value. Shares will trade under the ticker FIGR. Analysts view the IPO as a milestone for mainstream tokenization adoption.
- Tokenization: The process of converting real-world assets into digital tokens on a blockchain for easier trading and management.
- Real-World Assets (RWA): Physical or traditional financial assets represented as digital tokens on a blockchain.
- Provenance Blockchain: Figure’s blockchain platform focused on lending and tokenized credit, supporting billions in active loans.